Yeah and an adjusted married-filing-jointly deduction of $30,000. W.T.F. That's a lot of money, and at least provides less of an incentive for getting a big mortgage (not that the mortgage deduction should ever be an incentive, but people are dumb with math). I have a decent sized mortgage, and a moderately high property tax bill, and I don't even sniff $30,000 in deductions. Simplifies my life quite a bit, actually, in addition to lowering the overall burden. Edit: And his promise to destroy the regulatory state could be good for our business. I have a lot to potentially gain out of a Trump administration. Hate him, but I suppose I'll try to make hay while the sun shines.
The regulatory thing is something I am going to watch very closely under Trump. If he does start deregulating as heavily as he has indicated he wants to, companies will have pretty much free reign to pollute and do all kinds of things that would be bad for their workers, and the public at large. HOWEVER, the public is much better informed about pollution and worker's rights and safe work environments, etc. Plus they have mass-media tools in their pockets. So are the workers and the general public empowered enough to call out the companies that abuse the public trust in a deregulated environment? Hmmm... could be interesting. After all, tanking profits are a MUCH bigger incentive than some dorky sweaty government inspector with tape on his glasses, checking off boxes on a safety inspection form...