A little information is a dangerous thing. See, your buddy capped the most important middle-class deductions in his tax-deform. So property taxes can now only be deducted up to $10,000 per year. Since Texas doesn't have an income tax and finances itsbudgetschools through property taxes, I just wrote a big fat check in excess of $15K to GovernorAsshatAbbott. Since I now can only deduct $10K, my tax payment at an assumed marginal rate of 25% just went up by $1,500.
Same thing for sales tax/income tax deductions.
Riddle me this, Batman: How does that help me and my fellow neighbors?
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