NY Democrats Demand State and Local Tax Breaks for Billionaires be Reinstated! (You KNEW this was coming...)
(www.bloomberg.com)
🛑 Corrupt Commies 🛑
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In short, relatively high-income individuals -- the 10% to 15% of filers who itemize their federal tax returns rather than take a standard deduction.
Who benefits from itemized deductions? The rich and wealthy as well. Most people take the standard deduction because we don't blow money on qualified deductions.