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To: DoodleDawg

See if this makes sense to you.

http://www.freerepublic.com/focus/news/3597458/posts?page=23#23


27 posted on 10/22/2017 12:52:58 PM PDT by DoughtyOne (John McBane is the turd in the national punch-bowl.)
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To: DoughtyOne
See if this makes sense to you.

Not much, no. I'm losing deductions for state and local income taxes, property taxes, the $4050 personal deduction, and probably the deduction for any contribution I make to my 401k over $2400. In return I get $6350 increase in the standard deductions. The deductions I lose are far greater than $6500. My taxable income goes up.

Does that make sense to you?

35 posted on 10/22/2017 1:07:00 PM PDT by DoodleDawg
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