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This is the case for a lot of things. Pretty much all "middle-class" tax credits phase out by the time you hit $80k, regardless of cost of living, because the I
by GeneralMayhem 11y ago
This is the case for a lot of things. Pretty much all "middle-class" tax credits phase out by the time you hit $80k, regardless of cost of living, because the IRS doesn't scale anything by zip code and so assumes that a household making 6 figures must be loaded.
- danielweber 11y agoLiving in a high-cost area is a consumption choice, just like me living in a mansion in my town would be.