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Originally Posted by Did you just call me Coltrane?
I mean FUCK. There was really only one way that I would benefit from this dickhead being president, and that's a tax cut. But first this SALT bullshit and now they're keeping the AMT? I'm calling again for the blue states to secede.
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Don't forget the reduction in the cap on mortgage interest from $1MM to $500,000.
Home buyers care about what they can afford per month. So, if you are like me, with a home valued at $900,000, a buyer needing a $720,000 loan now has to pay more per month for that loan because $220,000 of it is no longer deductible. Ergo, my place's value will plummet.