WILL THE TAX CUTS AND JOBS ACT TAKE A BITE OUT OF YOUR RETIREMENT?

APR 2018

Are you as surprised and disgusted about increased taxes for Americans in states with the highest income and property taxes as I am? High tax bracket payers really got the shaft under the recently passed Tax Cuts and Jobs Act. With deductions for state income tax, property tax, and mortgage interest all but eliminated, the vast majority of tax payers from east and west coast states are going to fork over more of their paychecks or retirement income to Uncle Sam…

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