@GOP Reach a Tax Deal, Decide to Cut Rates Even More for Millionaires and Raise it on the Middle Cla

[Johonny]

14. The 10,000 deduction limit on SALT really doesn't reduce their concern at all

so it's not much of a win. The 10000 limit plus the mortgage cap make the combined deduction right about the 22000$ for a standard family. Meaning its close to a wash. It's just a feel good thing, but people effected are smart enough to know without the full SALT they're not really gaining much tax wise with this add on and their taxes will no doubt increase over what they pay now. As long as the 10K cap is there, it's not a fix and the analysis won't change that this part of the tax bracket will get hosed. Now add in the drop in the top brackets starting point and you're going to be seeing a lot of pissed off upper middle class tax payers. That should make things real interesting in some of those safe house districts...