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Reply to "Are you going to accept your Trump tax cut? (NOT A POLITICS THREAD)"
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[quote=Anonymous]We are pretty wealthy and very HHI and we would have been better off if taxes had reverted. Our income is several million. Pre Trump we got to deduct about $250k in SALT even at a higher tax rate. The SALT limitation exceeds the decrease from 39.6% to 37% top tax rate. The new decreased tax benefits on donations makes it worse than current as we usually donate 6 figures. [/quote]
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