Didn’t help our middle class household!
“This is going to wipe us out.”
With President Trump’s impending visit to Minnesota to celebrate #TaxDay, here’s a short read on how middle class home owners were impacted by the #GOPTaxScam this tax season.https://www.cbsnews.com/news/tax-returns-2019-salt-deduction-cap-middle-class-homeowners-hit-by-the-new-tax-law/?fbclid=IwAR0KUin4fxGmUJ87HGhzQNGVbx9YJPzGVEbym8P6hyd5e78UjuvgYfMFSfw …
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This is the problem with having myriad deductions and credits that create sometimes perverse incentives. Keep lowering the brackets and reducing exceptions...
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No tax cut in this MN household. Because we own a housing another state that has yet to sell, we’ve been without the home mortgage interest deduction for years ... and yes, we pay a lot more in taxes as a result. These cuts were never intended to help middle class homeowners.
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So do something about it!
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Politicians on both sides, work together to get more money out of us. It came as no surprise to me. Politicians only care about who put them in office, and it's not the voters.
#GOPTaxScam#DEMTaxScamThanks. Twitter will use this to make your timeline better. UndoUndo
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