It raises our taxes and it raises our daughter’s taxes. No propaganda here.
The bill makes me choose either to take state and local taxes or property tax deductions. It doubles the standard deduction as well. I am in NJ. All in all it lowers my tax bill overall which I am happy about. I do not like that it raises taxes for some. Simple solution would have to been to slash rates from top to bottom and corp tax rates as well. A one page bill.