The painful truth about the GOP’s co-called “Tax Cuts and Jobs Act of 2017” is finally becoming apparent. For many, it’s actually a tax hike. Some 11 million people – most of them in such high-tax states as New York, New Jersey, and California, all Democratic strongholds – will pay $323 billion more in taxes this year because of the new $10,000 cap on state and local tax (SALT) deductions, including real estate taxes, Crain’s reports. Read the article……………………..
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December 18, 2018
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