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Re: GOP Tax Plan

Posted by AlM on Sun Dec 17 08:17:59 2017, in response to Re: GOP Tax Plan, posted by Easy on Sun Dec 17 00:02:32 2017.

Yes. I keep saying many people will roughly break even, but no one seems to be paying attention. The lower tax rates will be roughly offset by the lost itemized deductions.

What so many people aren't getting is that your lost itemized deductions can be significant even if your real estate tax is under 10K.

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