The deductions are a $1.5 TRILLION dollar issue.
In fact, it is the main issue here. If the numbers were not significant, Congress would not be proposing them. They need money - my money. That's why they want to take it, so that they can give my money to someone else.
The government needs money, and this is the well they chose to tap. It will adversely affect millions. So yeah, let's discuss it.
Do you know what an effective rate means?