Quote Originally Posted by SLP View Post
I don't know, I am not anywhere near the top brackets but I do need to itemize my return so increasing the standard deduction doesn't do anything for me and by my best guesstimates I am going to be paying more.

Wiping out the personal exemption (which seems really unfair) and capping state property and income taxes at $10,000 are going to cost me more than anything gained.

All this they picking and choosing of who wins and who losses always hurts some people. Would be much fairer if there was simply some form of a strait flat tax without all the "negotiating" about who gets more and who gets less.
Straight taxes would make everyone pay fairly. This tax cut for the top 1% is so over the top that it's going to raise the deficit by zillions of dollars. Some one is going to have to pay for all the US Government programs including all those new expensive navy ships that Trump wants to build. And the new defense department spending eats up most of our GNP.