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Money and Finances
Reply to "2025 SALT Deductions"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]if your MAGI is under $500,000. Phases down to $10,000 if MAGI is over $600,000[/quote] As it should[/quote] Why should it? When you make more money, you pay more on taxes, both on a net basis and thanks to a higher rate with our progressive tax brackets. Why should the people who pay the most on taxes be unable to utilize the deductions and credits available to people paying much less in taxes? It’s patently unfair.[/quote]
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