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>Hence the change is a soak the rich change would you would think that progressives would like. the same tax law changes included raising the standard deduction
by dsfyu404ed 8y ago
>Hence the change is a soak the rich change would you would think that progressives would like. the same tax law changes included raising the standard deduction to twelve thousand thereby giving the poor, the middle class, and even portions of the upper middle class, a bigger write off.
Even filing as a single male in a state that collects tax like it's going out of style and making a respectable tech salary I had a net decrease in taxes paid this year compared to last. That increase in standard deduction helped a lot of people. The inability to deduct SALT only hurt people who itemize and with the higher deduction very few people need to itemize.