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Old 11-23-2018, 07:41 AM   #175
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Originally Posted by fatlazyless View Post

So, why is the Meredith tax rate going up? Is it because your state and local property and income taxes above $10,000/year are no longer deductible from your federal income tax?
Nope. Has nothing to do with the Meredith tax rate.

Consider griping about the doubling of the standard deduction. The new law that roughly doubles the standard deduction to $12,000 for an individual filer and $24,000 for married couples filing jointly.

Thank God that Trump's finally trying to raise taxes on the rich. Long over due. Maybe with the return of a democratic majority in the house they will go back down.
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