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b_b · 2548 days ago · link · · parent · post: White House Proposes Slashing Tax Rates for Individuals and Businesses
Interesting that he didn't propose to eliminate the mortgage interest deduction. That deduction is popular, but it only affects something like a third of home owners. If the standard deduction is doubled, that number will decrease by a lot from the small number it currently is. The only people who will qualify are people with million dollar mortgages. Go figure.