12-20-2017, 10:58 AM
(12-20-2017, 10:46 AM)Belsnickel Wrote: They ended up leaving that in the code because their big money donors to the GOP that are in those high tax states complained. That is still a deduction simply to placate donors.
Well, sometimes compromise is in order. From what I just read, that 10K deduction isn't going to make a tremendous amount of difference, unless someone is teetering on one tax bracket from another. For example, if it applied to my household (22% bracket) the difference in tax owed would be $220.
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