If you acquire a new home, you can only deduct $750,000 in interest, compared to $1,000,000.00 before. This could impact many homes in California, NY, and in a lot of urban areas that vote Democrat. #TrumpTax Plan 2/?
The #StudentLoan interest deduction will remain. Because they did not repeal all of the #EstateTax they just raised the exemption from 5 million to 10 million. #GOPTaxPlan 3/?
I feel like this is an episode of #RickandMorty, but we have to do a sequel to first #TwitterStorm now with 280 characters. I will be going through this #GOPRiot where they loot middle-America. So the thread begins here. 1/?
Not that the #GOP cares about #DACA or #undocumented families. But they use #SEC11022 to not allow undocumented parents to receive a tax credit for their children. These is cruel unjust and unAmerican. 2/?
#Sec11023 With the language to repeal the #JohnsonAmendment contained in the house amendment they have allowed an increase of cash contributions to #Charity as a means to funnel the money to #GOP candidates in a tax free fashion. This is not what Jesus would do or want. 3/\?