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The Water Cooler
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New GOP tax plan is terrible
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<blockquote data-quote="JD8" data-source="post: 3051619" data-attributes="member: 24"><p>So going off a NYTimes article....</p><p></p><p><a href="https://www.nytimes.com/interactive/2017/09/27/us/politics/six-charts-to-explain-the-republican-tax-plan.html" target="_blank">https://www.nytimes.com/interactive/2017/09/27/us/politics/six-charts-to-explain-the-republican-tax-plan.html</a></p><p></p><p>It's saying that 70 of people out there take the Standard Deduction..... 84% would take it, if it were doubled.</p><p></p><p>Within that it seems a lot of Blue states would suffer because they have higher state and local taxes to deduct. In which the left will do it's projection thing of course...</p><p></p><p>Does this make videos like Donner posted moot? How can most teachers itemize that heavily to reach over that doubled standard deduction? .... honest question.</p></blockquote><p></p>
[QUOTE="JD8, post: 3051619, member: 24"] So going off a NYTimes article.... [URL]https://www.nytimes.com/interactive/2017/09/27/us/politics/six-charts-to-explain-the-republican-tax-plan.html[/URL] It's saying that 70 of people out there take the Standard Deduction..... 84% would take it, if it were doubled. Within that it seems a lot of Blue states would suffer because they have higher state and local taxes to deduct. In which the left will do it's projection thing of course... Does this make videos like Donner posted moot? How can most teachers itemize that heavily to reach over that doubled standard deduction? .... honest question. [/QUOTE]
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