News for hackers. Stuff that matters.
Re:Show HN: Effects of House and Senate Bill on California R... by koolba on Wednesday December 06, 2017 @05:22PM (#15865596)
Mortgage interest, local property taxes, and state taxes deductions are the biggest high income subsidies.
Re:Show HN: Effects of House and Senate Bill on California R... by bradleyjg on Wednesday December 06, 2017 @05:30PM (#15865674)
The biggest high income subsidy is the favorable treatment of investment income. That'll probably be supplanted in the new tax regime by the passthrough discount.