Ok. See Sec. 3024. The language there is deliberately misleading mistates fiscal reality. Eliminating SALT deductions will absolutely raise taxes on millions of middle class Americans, not “ensure relief for middle-income taxpayers.” This specific language was objected to by many Republican congressman. In fact, many of them said it should not have even been included. But it was. And it passed. We are still awaiting the final final final product. But this is not a good sign. In fact, is it a terrible sign.
Well to be fair it’s says they may. It doesn’t say they will. That’s left up to the tax bill itself and final arbitration in committee if it passes both houses. I guess we have to wait and see.’
So they are only getting rid of the state and local tax deduction and making no other changes that would compensate for the loss of that deduction? Is that what you are claiming?