Friday, May 16, 2025

"the case for repealing the salt deduction cap entirely"

https://amuseonx.substack.com/p/the-case-for-repealing-the-salt-deduction
Posted by Nicholas Stix at

1 comment:

AbolishTenure said...

The real solution is to completely get rid of itemized deductions. Make the standard deduction higher to compensate for it.

Just take the standard deduction. Everybody. Itemized deductions is a rat's nest of carve-outs, each with its own complicated rules.

When they raised the standard deduction real big back when (2017? 2018?), a lot of people no longer itemized. Even with mortgage interest. Even the 10% church tithers (and did you know CAIR is a 501(c)(3) just like churches?) Almost nobody qualifies for the medical expense or casualty loss deductions. Loads of liars in every category.

All aboard! It's time. Rip up those hundreds of pages of laws and regulations and the gazillions of compliance cost: miserable expensive DIY tax software and expensive CPAs and thousands of IRS auditors.

Saturday, May 17, 2025 at 10:28:00 AM EDT

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