Collins: Senate bill will include property-tax deduction


ㅤPictured: Sen. Susan Collins (R-Maine)

ㅤ”Under Collins’s amendment, people who itemize their deductions will be able to deduct up to $10,000 in state and local property taxes. A similar provision was included in the House-passed bill to win over GOP House members from blue states such as New York and California.”

ㅤô¿ô …This is just a loophole for the privileged in blue states, be they Dem or GOP. And as usual, both parties claim they want to help middle-income Americans.
ㅤAfter thousands of years, its apparently still necessary to please the nobility.

Full story at The Hill, image from thehill(.com) • collins, property taxes, salt, standard deduction, susan collins, tax cuts, tax deductions, tax rates, tax reform, taxes ㅤ Home

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