[Sooth2222]

"That’s a very interesting demographic for Republicans to target."

I live in a red district in a very blue, very high tax state and I applaud this!

We never seem to be able to reach the threshold to itemize deductions. We're in the top few percentiles for both income and assets and we can't. We live in a fairly small house, have no mortgage, and I own a 20 year old Volvo with over 200K. My wife's 160K Honda actually has a rust hole in a fender.

Maybe it's "rich people" who are living the bazillionaire lifestyle who are taking all those deductions, because it's not us. I'm not sure who they vote for. Maybe it's not for Republicans.

[NYFreedom]

So you don’t have children I take it?

Which is fine, but it’s obvious by what you just said.

[kjam22]

We never seem to be able to reach the threshold to itemize deductions. We're in the top few percentiles for both income and assets and we can't. We live in a fairly small house, have no mortgage, and I own a 20 year old Volvo with over 200K. My wife's 160K Honda actually has a rust hole in a fender.

That's the key. The number of people who can get past the standard deduction when set at 24k instead of 12k will be pretty small.

[Scotswife]

I’m not a bazillionaire, but our mortgage interest, state & local taxes, & charitable deductions usually have put us over the threshold by about 2k.