No. of Recommendations: 3
telegraph,

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

Now telegraph... I didn't know you were young enough to know "new math".

And I also thought everyone knew Trump's plan was 12K for singles, 24K for MFJ.

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

We do have sales taxes we can now deduct.


And won't be able to under Trump's proposal.

I lived most of my life in Texas. Texans are proud of having no income tax; but their property and sales taxes are among the worst. Without them, I wouldn't have been able to file a Schedule A most of the years I lived there, even without doubling the standard deduction.

Good thing Trump is leaving in that mortgage interest deduction ... have to have something to make uber-rich in Texas feel special. It's certainly nothing the vast majority of households will be able to use.

- Joel
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