"Do you plan on still being alive for the next few years?" Regardless of how this affects your personal taxes, it's going to add trillions of dollars of debt which will impact everyone in this country.
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Are you rich? Do you have a trust? Do you ever have wild shopping sprees in the Hamptons? If so, this bill is for you!
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The doubling of the standard deduction is for people on the lower end. It's one of the biggest parts of the bill.
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The worst part of this bill is the fact that corporate taxes get slashed and stay that way. Corporations that write off taxes not only write them off, they don't even pay their fair share in the first place! That's not equitable distribution of anything except greed.
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Not getting the SALT deduction on schedule A and capping property tax deduction will substantially increase taxes for millions. This is basically a geographic tax hike and double taxation.
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Thanks for this.
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Read “Grapes of Wrath” by Steinbeck and that should give you a clue
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This is a state problem, not a national problem. Talk to your state representative to change your state tax laws.pic.twitter.com/5NaEcpbSRt
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It does tell you in the article.
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Why don’t you actually read the article before commenting.
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We have a lot of med bills & Rx bc i'm disabled and have cancer as does hubby so depend on med deductions to help pay other bills and maybe have a little vacay if possible - hoping they will keep med deductions in the bill
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the same for my brother, do you have medicare?
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No, not till next yr when I turn 65 my hubby has medicare tho I'm under his old ins - which is his secondary - from when we worked that we carried over into retirement
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