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Reply to "Why Are Tax Brackets Adjusted for Inflation but Not Deductions Like Mortgage Interest? Seems Unfair"
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[quote=Anonymous]What an odd post. The various deductions ARE indexed to inflation. The IRS just today issued guidance on the 2025 standard deduction and tax brackets. https://www.irs.gov/newsroom/irs-releases-tax-inflation-adjustments-for-tax-year-2025 Things like IRA contribution limits are also indexed to inflation.[/quote]
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