Quote:
Originally Posted by OneHungLo
That's because people paid less in taxes! This has already been explained to you. You can always loan the government money for free if you want just write a check to the treasury.
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No it's not.
Nice try.
That GOP lie was debunked months ago when people realized they lost hundreds of deductions they had last year.
Here are just a few of the lost deductions that used to save the average person a lot of money at tax time:
The standard $6,350 deduction - GONE
Alimony deduction - GONE
Deductions for unreimbursed employee expenses.
Miscellaneous itemized deductions - GONE
A deduction for moving expenses - GONE
Deductions for certain school donations - GONE
Deductions from tax extenders - GONE
Personal exemptions - GONE
Unlimited state and local tax deductions - GONE
An unrestricted deduction for home equity loan interest - GONE
Unrestricted casualty loss deduction - GONE
A $1 million mortgage interest deductio - GONEn