The Republicans are proposing eliminating the SALT deduction, which means I can no longer deduct my property and state and local taxes.
Without this deduction, the mortgage interest deduction is USELESS. You would probably need a million dollar home to make it worth more than the revised standard deduction.
They will also be raising my rates.
All to give a huge tax break to the rich, to give a giant fuck you to hard working people like me in population dense places like NY.
If my taxes go up by thousands of dollars this year... I might seriously consider not paying. It would be a rather extreme burden. I might also have to give up and sell my home.
Thankfully, I don't think they have a chance in hell of passing this. But if they do, they are declaring all out regional warfare. Their idea of tax "reform" is nothing more than reversion to a regressive system.
Enough is enough... even the uneducated white locals here who voted for Trump have got to feel betrayed.