4 ms·
> ...put some pressure or at least summarize what parts of the tax code are the most complex so they can be simplified. Trump's tax plan did simplify things fo
by hiram112 7y ago
> ...put some pressure or at least summarize what parts of the tax code are the most complex so they can be simplified.
Trump's tax plan did simplify things for the majority of W-2 workers on salary that used to itemize because they owned a mortgage. Now, most of them can file using the standard deduction.
I don't have a mortgage but have sometimes itemized depending on moving and work expenses, various deductions, etc. Those are now gone, and my taxes are easier as I don't even bother keeping receipts and saving charitable gifts throughout the year. I come out a head, too, since the standard deduction was almost doubled.