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TopicPolitics Containment Topic 313: August and Everything After
Forceful_Dragon
07/31/20 2:14:28 PM
#50:


If you are spending over $10,000 in a single year on State and Local Taxes then your income is very high. If you are itemizing your income in such large amounts your income is very high.

You can afford to not have your federal income further reduced by the amount over 10,000 you pay to State and Local taxes.

As such I would disagree with an effort to remove this itemization limitation.

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