Displaying all articles tagged:
Mortgage Interest Deduction
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Looks Like Trump Genuinely Enacted (a Tiny Bit of) Tax ‘Reform’The GOP tax bill will slash the number of filers who use the regressive mortgage-interest deduction by more than half, according to the JCT.
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Under the Trump Tax Bill, You’d Probably Stop Itemizing Your DeductionsThe Senate tax bill massively reduces incentives for itemizing deductions, especially in places like California, New York, and New Jersey.
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Trump Tax Bill Hammers New York and CaliforniaOther than hitting the bicoastal upper-middle-class folk, the House GOP tax writers picked their fights carefully.
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GOP Tax ‘Simplification’ Initiative So, So ComplicatedYou’d think a nice, modest, balanced tax cut would be easy for a GOP Congress and White House to execute. But the GOP keeps complicating it all.