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Sophia4

(3,515 posts)
1. What happens to the young couples in California who faced increased taxes
Sun Nov 19, 2017, 05:05 PM
Nov 2017

because they will lose their deduction for student loans, state and local taxes and part of the deduction they get for the interest on the house they bought at some horribly high price because it was the only house they could find?

What happens to them?

Even in my relatively low income neighborhood in Los Angeles, a house sold for a million and one-half dollars. And I'll bet the young couple who bought it owes on student loans and just barely qualified for the mortgage.

I guess Republicans are just writing off California. This tax proposal is going to make them very unwelcome in our state.

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