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9. We have the charitable contributions deduction

Sun Dec 18, 2016, 03:36 PM

Dec 2016

And the deduction for certain taxes

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31 replies

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There's a big fight brewing over the mortgage-interest tax deduction [View all] Yo_Mama_Been_Loggin Dec 2016 OP

Actually...this would help lower income folks. roamer65 Dec 2016 #2

At first blush, I'm not sure this is bad policy. tritsofme Dec 2016 #3

If it's a wash, they wouldn't bother. HassleCat Dec 2016 #4

As you should Cosmocat Dec 2016 #13

That's not what the description says onenote Dec 2016 #8

Never trust the come-on. HassleCat Dec 2016 #26

It's the one deduction Skidmore Dec 2016 #7

We have the charitable contributions deduction onenote Dec 2016 #9

You have that many charitable contributions? jmowreader Dec 2016 #23

They have plans for eliminating that, too. n/t pnwmom Dec 2016 #31

they can't double the standard deduction Mosby Dec 2016 #10

This - bait and switch Cosmocat Dec 2016 #14

Doubling the standard deduction? PoindexterOglethorpe Dec 2016 #11

I am on a single mom group HoneyBadger Dec 2016 #16

I'm feeling a bit puzzled, because if the standard deduction is doubled, PoindexterOglethorpe Dec 2016 #18

From Forbes, obviously there are plenty of variables HoneyBadger Dec 2016 #20

You're not that old jmowreader Dec 2016 #24

IMO the standard deduction should be increased to the figure treestar Dec 2016 #12

Do people forget 2000? Cosmocat Dec 2016 #15

The mortgage interest tax deduction has always been about the rich. rgbecker Dec 2016 #17

Not all homeowners are rich. PoindexterOglethorpe Dec 2016 #19

For sure. But the deduction is benefiting the rich more than anyone. rgbecker Dec 2016 #21

That's true, that it benefits the rich more, PoindexterOglethorpe Dec 2016 #22

The red flag in the description is "*existing* mortgages" muriel_volestrangler Dec 2016 #25

I didn't read the article. Kang Colby Dec 2016 #28

God damn right Cosmocat Dec 2016 #29