Mother, mother, mother - there's too many of you crying.

[sebastian_dangerfield]

Originally Posted by Greedy,Greedy,Greedy

So, the new tax bill contains a "bubble bracket" where a 45.6% rate will apply while the benefit of the 12% bracket is recaptured. When you combine that with losing the interest deduction on more than 500K and the cap on SALT, I'd say big city lawyers are going to join the folks in the bottom half of the income brackets in ponying up to fund the tax cut for billionaires.

The SALT cap alone would destroy NJ’s housing market.

These numbers are starting points to give Trump an alibi when he passes a tax bill of epic proportions we cannot afford. “The people on the coasts and those sleazy realtors made me give up the SALT and interest deduction caps, with which it would not have created any more debt!”