‘Average’ homeowners have something to fear from tax plan

Source: Bob Sullivan, Red Tape Chronicles

You’ve probably heard that residents in “rich,” high-tax coastal states like New York and California are getting badly screwed by the Republican tax bill that’s about to pass. What you haven’t heard is that plenty of people in decidedly not-rich places like Ohio, Arkansas, Nebraska, and even West Virginia will see their main tax deduction slashed, too. A lot more people will be swept up in this than the American public has been led to believe.

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Tags/Keywords

taxes, homes, mortgage deductions


 
 

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