[SeeSac]

I know you are being sarcastic, but it will cost us a bit over $1,000 this year alone.

The deduction was only $1000 for MFJ. Even in the 35% tax bracket that would only be $350.

[justlurking]

The deduction was limited to $1,000? Our property taxes are nearly $4,000/year.

2010 will be the first year we won’t itemize, due to no mortgage interest.