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Politics

Itemized deductions going away, standard deduction increasing. - Sounds good to me! sm

Posted: Oct 11th, 2017 - 7:25 pm In Reply to: Trump's tax plan - well

The rich are the only ones who can afford to pay tax attorneys to itemize. They buy cheap farming property and plant a few shrubs to get government kickbacks on things like ethanol production. Most normal take the standard deduction and are done with it.

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