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A comment on US Senate passes sweeping tax overhaul bill. Parent comment

Re:US Senate passes sweeping tax overhaul bill by sytelus on Saturday December 02, 2017 @04:10AM (#15831069)
I assumed standard family (married filed jointly, 2 kids, standard deduction).
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Re:US Senate passes sweeping tax overhaul bill by jessaustin on Saturday December 02, 2017 @04:14AM (#15831090)
Yeah somehow I don't see itemized deductions as a "middle class" thing. Even less so with the standard deduction increase.
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Re:US Senate passes sweeping tax overhaul bill by marcell on Wednesday December 06, 2017 @01:38AM (#15859068)
About 1/3 of households itemize deductions, including myself. I live in a two bedroom condo with two kids, I consider myself "middle class." Itemizing deductions is much more common in high tax ("Blue") states due to the state/local tax deduction. This tax "cut" is targeted to raise taxes on blue states by eliminating that.

The standard deduction increase is a bit of a trick, since they removed the personal deduction. So it's not a "doubling" of the standard deduction, but an increase of a few thousand. It is not enough to cover the removal of other deductions for many middle/upper-middle class families.

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