Quote:
Originally Posted by fatlazyless
From 1913 to 2018, for the last 105-years, real estate people in NH have been tell'n their prospect clients that all that property tax gets deducted from their federal income tax .... anyway you count it ..... so's it don't really matter ..... and, thank-you Uncle Sam!
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....and no, I don't have a paid subscription to the Concord Monitor, yet this link above is working? Seems like a very timely news article on the NH legislature's recent vote on two minimum wage increase proposals.
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You still can - up to 10K after that you can't. In fact you should be happy about this, it's capped at the same amount for everyone. Why are you so critical of this? After all if your property tax is over 10K you're surely rich and as the Democrats love to say the rich need to pay their "fair share" so this prevents "rich" people from deducting more than "poor" people. This is exactly what you want. Or do you? What... you upset when it hits you in the pocketbook? Awe that's to bad now isn't it.