Thread: $3.5 Trillion doesn’t just grow on trees!

  #83  
ThumbsUp , 10-06-2021 01:18 PM
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Quote: the standard deduction went up but a ton of itemized deductions went away. Union dues, per diem difference, as well as most charitable donations off the top of my head. Personally I went from around 45k in deductions to 24k married filing jointly. 12k per person. Even taking out SALT my taxes went up because I still would have been over 24k in deductions. I’m really not complaining that’s just what happened.
Yep, sounds like you lost out. Personally, my income is so irregular that it’s hard to compare the income tax burden YOY, although by the tables I would be paying less at the same income. On the deductions side it has been better as my state has extremely low property and relatively low income taxes, hence the constant influx of New-Englander retirees.