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re: Do you know anyone stupid enough to think this tax plan is bad?
Posted on 12/20/17 at 11:34 am to Navytiger74
Posted on 12/20/17 at 11:34 am to Navytiger74
quote:
This won’t help young single lawyers and other salaried professionals in the $100-$200k range. And we pay taxes.
Single lawyer in Virginia making $150k/year will still see a federal tax break even if you itemize and have deductions of $10,000 + SALT. You've got to find a very specific situation to say this won't help salaried professionals in the $100-$200k range.
This post was edited on 12/20/17 at 11:35 am
1
Posted on 12/20/17 at 11:46 am to slackster
quote:Please show me that. Good faith request. Your post seemed in good faith. Assume someone making that still owes ~$350-$600k on a mortgage (at a good 3.3% rate) and has attendant property taxes.
Single lawyer in Virginia making $150k/year will still see a federal tax break even if you itemize and have deductions of $10,000 + SALT. You've got to find a very specific situation to say this won't help salaried professionals in the $100-$200k range.
This post was edited on 12/20/17 at 11:49 am
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