Actually I did. Last year my itemized deductions were well over $12,000. But I can no longer deduct my property taxes, my state and local income taxes, my personal property taxes, so my taxable income goes up considerably. Remove the personal exemption of $4050, increase the lowest bracket from 10% to 12% and it's pretty easy to see that I'm hosed big time.
My situation is similar.
I am NOT happy with what I am seeing.
Seniors hosed big time too.
It didn’t even occur to me that I don’t get to deduct my property taxes. Okay, I need to do some math here now.
Are the child tax credits untouched?