dcbl
Good guys wear white hats
- Aug 23, 2011
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- #541
I see your pointBy my rough calculations, a person making $10,000,000 a year in taxable income will save a little under $300,000 in tax under the new tax rules from the brackets. Sorry, I just don't see too many rich people losing out because of real estate taxes.
my point is that many of the really wealthy aren;t making as much in taxable income, but they do have higher value property; especially considering personal vacation property
this will adversely affect more people in blue states