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| Topic | Politics Containment Topic 149: Open 24/7 365 Snowflakes or not! |
| Corrik 11/19/17 1:38:25 PM #58: | MoogleKupo141 posted... The Senate's tax plan would eliminate deductions for state and local taxes -- including property taxes. Except a poor person is never going to have local state and property taxes which exceed the standard deduction. The house plan also allows 10k towards the deduction while the Senate plan allows 0. The only person deducting taxes that high and on property mortgage is going to be a high class person. For example, I make like 80-100k a year. My mortgage interest is like 2k a year. My state and local taxes is like 3400-4k ish. My property tax is 1800. I am never going over the standard deduction with these. So the deductions are pointless to me. I understand some states have higher taxes and such but in general a lower to middle class is never going over the standard deduction after it is doubled up unless they are not really low or middle class. --- LoL ID = imajericho XBL GT = Corrik ... Copied to Clipboard! |
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