[editor-surveyor]

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Nonsense!

I easily have 4 or 5 times the standard deduction.

The standard deduction is for lazy fools. (or the stingy that give little or nothing to Yehova)
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[rb22982]

I easily have 4 or 5 times the standard deduction.

You do realize a personal anecdotal of one does not prove anything, right? Even per this article, those making over $200k/year (top 4% of households, or 2% of individuals) see an average SALT deduction of $6295 in taxes, which is about $18k pre tax at a blended marginal federal rate of say 35%. Given the standard deduction will go up by around $12k, all but the very top income combined with living in a very high state AND local and high mortgage will be hurt. Why should we be subsidizing those things in the first place?

[Svartalfiar]

The standard deduction is for lazy fools. (or the stingy that give little or nothing to Yehova)

Not necessarily. Most of my deductions go on my Schedule C. So my 1040 only adds up to maybe $3k in deductions. Makes way more sense to take the standard, since it stacks on the Sched C.