Tornado Alley (PROG)

[shermann7]

I think you all ought to reread the tax bill ...

The standard deduction was doubled which means renters rather than homowners got the benefit.

The Child Tax credit got doubled from 1,000 to 2,000 dollars.

Individuals could not deduct more than 10,000 dollars of their State and local Taxes.
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Folks Could not deduct ony more than the interest on 175,000 for owning two homes.

And the Low income business tax was redefined. Sole Proprietorships, Partnerships, Subchapter S businesses, and Small LLC's get their first 315,000 of bisiness income tax free, which is much different than anything that has ever happened in the U.S.

Shermann