$18k in taxes from a deduction being capped at $10k assuming a 40% marginal rate means you are saying you lost out on $45k in deductions. If you’re paying $55k

$18k in taxes from a deduction being capped at $10k assuming a 40% marginal rate means you are saying you lost out on $45k in deductions. If you’re paying $55k in SALT then two immediate questions become; 1) Is this extra $18k your “fair share” , and/or 2) why as a matter of policy should the Fed be deducting $18k off your bill because of $55k in SALTs? And good god that’s a fuck ton of state and local taxes. Taxes really are the worst, I find it’s much better just not earning or spending any significant money to begin with.