I would break down the changes over 3 or 4 years.
1) state and property taxes
2) mortgage deduction
3) medical deductions
4) all others including charity deductions
For each year there should be provisions/formulas that people who pay
significantly more tax in any year get an adjustment.
1) state and property taxes
2) mortgage deduction
3) medical deductions
4) all others including charity deductions
For each year there should be provisions/formulas that people who pay
significantly more tax in any year get an adjustment.
