Buried in the hastily drafted tax bill’s more than 500 pages are provisions eliminating “miscellaneous” deductions taken by almost 28 million taxpayers in 2015. Those are costs you bore to support your job or an investment you own or to pay a professional to prepare your income tax return.
What Congress left intact are the rules that let Trump write off his Boeing 757 jet, which he’ll no doubt resume flying once he is out of office. Similarly, untouched are the bar tabs of corporate sales agents or the costs of executive retreats at resorts like Trump golf courses.
Reposted from O!Daddie.
Trump looks great as Marie Antoinette
ReplyDeleteUmmm, this didn't happen. He decided to fk us all today instead.
ReplyDeleteThey took care of that little "problem" in the stop-gap measure to fund the gov, specifically so he could sign the bill before Christmas break. The next two years will be quite telling for the folks in those red states who voted for him and his lapdogs in the Congress. They'll see their insurance premiums go up by 20%, Medicare, Medicaid, and Social Security are going to be "overhauled" and privatized.
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