Itemized Deductions: Keeps home mortgage interest and charitable deductions but eliminates all others including the "State and Local Tax" deduction which will mostly impact folks in the high-tax blue states of New York, New Jersey and California (but our understanding is that NY, NJ and CA residents want to pay higher taxes...so it's really a win for everyone). This is a win for the no income tax people in states like Texas who have had to pay/subsidize income tax states for their reckless spending.
Thank you President Trump!!!