The 3% tax on the value of my home would raise my taxes 12% to about 42%...
I already work one out of three hours for the government... getting pretty close to every other hour..
I think what that's saying there is, you get a standard deduction now at 28%, but Biden will do away with that where you'll have to pull out all the receipts again. The last time I had to do taxes, the best I could come up with in a good year was 25% deduction. I think that's where the 3% is coming from. I can be corrected on that, though.
The 3% tax on the value of my home would raise my taxes 12% to about 42%... I already work one out of three hours for the government... getting pretty close to every other hour..
I think what that's saying there is, you get a standard deduction now at 28%, but Biden will do away with that where you'll have to pull out all the receipts again. The last time I had to do taxes, the best I could come up with in a good year was 25% deduction. I think that's where the 3% is coming from. I can be corrected on that, though.
If someone could sort through this to confirm it would be great....