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I thought it was about 7K now for singles. Double would be 15K

The proposal isn't to "double" the deduction. It's to increase it to $12k for singles and $24k for couples. It's close to "doubling" since for 2017, the deduction is $12,700 ($13,000 in 2018) for MFJ and $6,350 ($6,500 in 2018) for singles, so that's probably close enough for politicians to say "double". But it's not.

Well, no state taxes in TX and half a dozen other states -

We do have sales taxes we can now deduct.


I've lived in 3 of those no income tax states for the last 13 years, so I haven't paid state income taxes in that long, either. But the sales tax deduction and property tax deductions are gone, too. Of those 3 no income tax states that I lived in, TX had the highest property tax rates and was in the middle on the sales tax rates, so it will impact lots of people in TX, too.

AJ
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