....property taxes too high?

[Top-Water]

Originally Posted by fatlazyless

So, why is the Meredith tax rate going up? Is it because your state and local property and income taxes above $10,000/year are no longer deductible from your federal income tax?

Nope. Has nothing to do with the Meredith tax rate.

Consider griping about the doubling of the standard deduction. The new law that roughly doubles the standard deduction to $12,000 for an individual filer and $24,000 for married couples filing jointly.

Thank God that Trump's finally trying to raise taxes on the rich. Long over due. Maybe with the return of a democratic majority in the house they will go back down.

[Biggd]

Originally Posted by Top-Water

Nope. Has nothing to do with the Meredith tax rate.

Consider griping about the doubling of the standard deduction. The new law that roughly doubles the standard deduction to $12,000 for an individual filer and $24,000 for married couples filing jointly.

Thank God that Trump's finally trying to raise taxes on the rich. Long over due. Maybe with the return of a democratic majority in the house they will go back down.

FLL keeps harping on that $10,000 tax deduction limit which means nothing to rich people. They will find their deductions some other way.

[ITD]

Here's some news, if you own a property on Lake Winnipesaukee you are rich. Back to your normally scheduled programming.

[loonguy]

That sounds like fake news to me.