Quote:
Originally Posted by bimmer456
Quote:
Originally Posted by wdb
My mortgage is paid off. I'm pretty sure I'm still going to make out better under the new law. Yay me I guess. But it's still voodoo economics, shifting the tax burden elsewhere. I expect my state and local tax burden to grow.
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Even if your mortgage is paid off you won't be able to take the property tax deduction beyond $10k if you pay more than that.
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So what. Is it the fault of the Federal govt that your state/local govt bends you over?