no biggie, Ill just write it off on my federal forms...,
Ludicrous.
At best they save 35% of the state taxes paid.
No biggie?
At best they save 35% of the state taxes paid.
????
You are contradicting yourself. You are complaining because now people Wont be able to deduct the state taxes paid. And at worst they only pay 35% on those taxes.
But now you consider them getting to deduct them no big deal? You cant have it both ways. Same goes for the property tax deduction. Can you keep forgetting that the standard deduction and text brackets have been expanded.
The property tax and state income tax deduction has allowed for some states to irresponsibly overtax their population. The mortgage interest deduction has allowed for some areas to increase the market value of their homes. These deductions have had consequences, which will likely be reversed overtime if the deductions disappear or are lowered.