re: Under Trump Tax Proposal Mortgage Interest Deduction is Preserved

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This is because state taxes will not be deductible.

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This is a good trade off for people who are retired in states where you don't pay state income taxes like here in Ark. I was a little on edge about the larger deduct for children as opposed to households without children but for states that collect state taxes on retirees this is a plus for them even though it will not benefit me here in Ark.