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Thoughts on this #TaxReform bill. I am going to try to grab different things than are likely to be picked up by other sources.
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First up...You didn't like that HELOC deduction did you? Bummer. These often used for: 1. At purchase between 2 loans to save PMI 2. Emergency repairs 3. College tuition 4. Job loss 5. Buy out after a break up 6. Start businesses 7. Medical bills
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Next up - I always though one was silly, so we'll lighten the mood. Very few people an take this one because of the way deductions work. Goodbye tax law anecdote for 2/3Ls, sorry Prof. Maine.
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Moving for work or because there is no work? Business can write this expense off, you? Not. And if your boss is kind enough to reimburse you instead of just lay you off...you pay taxes on that. For people who say it's so easy to move for better jobs? Remember this.
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One more year on the individual mandate.
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I can't translate this one, but I hope someone else can. Why did they call out recordings like this? Seems weird.
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Bills in general are quite technical documents. That's why I would find it astonishing we would elect ANYONE to congress who can not demonstrate proficiency in reading these beasts...but these are extra bad. You hear that anyone voting in 2018?
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