Agree with Joey
I agree with Joey, more from an overview than personal experience. BUT, personal experience, the increased standard deduction was a better deal by several thousand dollars than collecting all those receipts and I benefited. Like many, my income has been erratic in the last couple of years, but overall, I have benefited significantly from improved economic conditions. As a retiree, I'm pleased to see the Dow go from 18000 to 28000 in last four years.
This may not be accurate, but it makes me worry very little: If I earn $100,000 and have $25,000 in debt, that is acceptable. If I increase my debt by $3 trillion, but I increase the GDP by $4X, that may still be acceptable. (National) Debt is only significant as it relates to income. A stand alone number means little to me.
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