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To: DoughtyOne

It’s not $2,000 per personal exemption (including parents *and* kids).

The exemption in 2016 was $4,050 per person. For a couple with two kids, that’s $16,200.

AND . . . personal exemptions are in addition to your deductions (standard or itemized).

This is huge hit for typical families.


11 posted on 10/22/2017 12:36:26 PM PDT by newberger (Put not your trust in princes, in sons of men in whom there is no salvation.)
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To: newberger

I remain unconvinced this is going to go south on the middle-class. It may, and if it does, I’ll oppose it.

Hang in there. We’ve seen the media game us at every turn this year.


17 posted on 10/22/2017 12:40:42 PM PDT by DoughtyOne (John McBane is the turd in the national punch-bowl.)
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