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Tax overhaul deal sweetens for working class


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2017 Dec 14, 9:07am   14,719 views  75 comments

by Shaman   ➕follow (4)   💰tip   ignore  

Notably:
$10,000 in state income tax eligible for write-off so no double taxation for most people.
Mortgage interest write-offs up to $750,000 mortgages.
Property tax deduction.
Possibly child tax credit even higher than the previously proposed $2000

The corporate tax rate may be greater than 20% to compensate.

Oh and Murkowski got them to open ANWR to oil development as a requirement for her vote.

Let’s just hope McCain doesn’t resurrect himself to fuck this one up!

https://www.npr.org/2017/12/13/570509509/gop-lawmakers-agree-on-final-tax-package-hatch-says


#politics

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75   WatermelonUniversity   2017 Dec 21, 7:16pm  

In practice tenants pay for all expenses and more. Landlord don’t get into this business to lose money. They can sell the property at anytime, unlike most tenants who are stuck renting due to credit, qualification, etc.

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