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ProfessorGAC

(71,482 posts)
8. So Were Corporate Taxes
Sun Nov 1, 2020, 08:24 PM
Nov 2020

Those both require new legislation to change.
The cuts for nearly everyone else expire over time.
The marginal rates may not increase, but those state & property tax deduction limits will mean that at the same former rate, the tax bill goes up. Same % of more taxable income!
Voilà, as you said, taxes actually go up.

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