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Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by cortesoft on Tuesday December 05, 2017 @03:40PM (#15855631)
> literally if you didn't have deductions out of $100k you might have a $30k take home.

That is just not true. Up until very recently, I had ZERO deductions I could take. I made over $100k in San Francisco and my take home was about 65% of my income.

Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by EgoIncarnate on Tuesday December 05, 2017 @03:46PM (#15855739)
If you paid state income tax, you should have been able to deduct that at the very least (probably around 6k, or about the same as the standard deduction).
Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by cortesoft on Tuesday December 05, 2017 @05:15PM (#15856554)
I would always try to itemize my deductions, but every time the standard deduction always ended up being more.
Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by Aloha on Tuesday December 05, 2017 @03:49PM (#15855793)
which makes it not worth the paperwork effort to do so.
Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by mmanfrin on Tuesday December 05, 2017 @03:52PM (#15855830)
Are you kidding me? $6k deductions is about $2k in rebates. A $150 accountant fee would take care of any paperwork. Taxes aren't that fucking hard.
Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by Aloha on Tuesday December 05, 2017 @04:40PM (#15856285)
6k in deductions is equal to the standard deduction
Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by tzs on Tuesday December 05, 2017 @04:33PM (#15856225)
The effort is something like filling in one line, adding up a handful of numbers, copying the result to another line, selecting which of two numbers is larger and copying that one to another line.

That hardly even merits the word "effort"...and if you are using tax prep software instead of filling out the forms by hand it isn't even that...it's just entering one number in one field.

Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by Aloha on Tuesday December 05, 2017 @04:41PM (#15856293)
why would you file itemized when your deductions are less than the standard deduction?