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  1. #21
    Machine Gunner DenverGP's Avatar
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    Quote Originally Posted by fitz19d View Post
    I remember the salt thing was something to piss dems off more? But I don't know the details. Also new higher standard deduction applies to filing for 2017??
    Salt is "State and local taxes"... Tax payers in the dem controlled cities/states with stupidly high state and local taxes didn't really feel the pain because they could deduct all the state/local taxes they paid from their federal taxes. So basically the dem cities/states were stealing tax money from the federal government. Now residents of those cities/states will feel the pain of those higher taxes.

    And no, the higher standard deductions won't come into play until you file taxes next year.
    Last edited by DenverGP; 02-15-2018 at 20:56.

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