And power brokers are in the NE. This isn't going anywhere.

Also, everyone has kids. I don't, so I LOVE the changes to the code. But if these guys have any sense of self-preservation, then they aren't taking away those tax breaks.

I'm conflicted. This code as written will massively increase my take-home pay. However, I just know it won't get passed. There are too many people who have kids that I subsidize that it isn't politically viable.

In response to this post by capitals1

Posted: 11/04/2017 at 03:13AM

I know it's going to change, but I think I'm gonna get screwed on this tax -- halesvb11 11/03/2017 9:32PM

Wait, what? When are they doing away with Strategic Arms Limitation Treaty? -- Freddyburg Hokie 11/04/2017 3:44PM

Family of four: double standard deduction, eliminate personal exemptions -- GOHOKEE 11/04/2017 10:50AM

$86k and under pay less ** -- 133743Hokie 11/04/2017 4:24PM

That's my concern. The House/Senate will screw it up. ** -- CochraneResident 11/04/2017 10:53AM

When posting, avoid the topics of politics, religion and race. ** -- Brown Water 11/04/2017 08:49AM

Corollary - When the topics of politics, religion and race are posted, -- VaTechie 11/04/2017 10:07AM

Seems fairly benign to me. I've been educated on other's persepectives -- CochraneResident 11/04/2017 10:09AM

Oh, I would love to participate, -- VaTechie 11/04/2017 10:15AM

GEtting rid of SALT is makes absolutely NO sense. -- vt_mughal 11/03/2017 10:18PM

Are you against estate and capital gains taxes then? ** -- RoswellGAHokie 11/04/2017 09:46AM

Estate taxes don't make sense, but what's wrong with capital gains? -- CochraneResident 11/04/2017 10:03AM

You bet ya! Lets move to a flat tax! ** -- EDGEMAN 11/04/2017 09:52AM

Why keep SALT? What is the principle to not change it? -- HokieHutch 11/04/2017 08:00AM

Because you are then paying taxes on money you haven't even received.... -- CochraneResident 11/04/2017 09:42AM

SALT is at its heaviest in the northeast -- capitals1 11/03/2017 11:31PM

And power brokers are in the NE. This isn't going anywhere. -- CochraneResident 11/04/2017 03:13AM

Your paying money on level of income, -- RTFC 11/03/2017 10:54PM

Why should residents of low tax states subsidize residents of... -- EDGEMAN 11/04/2017 07:12AM

You should be federally taxed on your income level -- RTFC 11/05/2017 6:12PM

That's the argument, but in reality it doesn't hold up... -- BB Hokie 11/04/2017 08:22AM

It's fairly common knowledge that the GOP states use a -- CochraneResident 11/04/2017 09:08AM

Pretty good counter argument. ** -- Late 80s Hokie 11/04/2017 08:46AM

I haven't read the details yet, but I think I may be in the same boat. -- MP4VT2004 11/03/2017 9:47PM

If you own your own business, write that off that as an expense -- EDGEMAN 11/04/2017 07:13AM

They are doubling the standard deduction. Is your truck more than $12K per -- CochraneResident 11/04/2017 10:07AM

Why would you assume that about me? I am a miscreant. -- MP4VT2004 11/04/2017 10:25AM

Need to leave your high tax state/city. ** -- RoswellGAHokie 11/03/2017 9:41PM

Easier said than done ** -- Brown Water 11/04/2017 07:07AM

And power brokers are in the NE. This isn't going anywhere.

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