We belong to the group of retirees (over and under 65) with modest taxable income, and deductions for property taxes, medical expenses/premiums over AGI threhold, charitable contributions, etc. Some might also have some state income taxes, mortgage interest (hopefully for not too long in retirement), etc. That’s a group likely to not see any tax cut.
Why that would be me too.
What are the chances of the (new) property tax elimination being challenged in the courts as "double taxation"?