Laura Kusisto

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Last quote by Laura Kusisto

So far the deduction is one of the few being kept alive in the framework put forward by President Donald Trump and fellow GOP leaders in Congress this month. While the mortgage deduction is kept in place, it might face irrelevance. That is because the tax plan also would almost double the standard deduction for individuals and couples, meaning only the highest earners would continue to itemize their deductions, and only a few of them would take the mortgage break. For most taxpayers, the standard deduction is likely to be the better option.feedback
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Oct 17 2017 Trump Presidency
Laura Kusisto has most recently been quoted in an article called Trump's tax package is shrinking before the fight has even begun - The Washington Post. Laura Kusisto said, “So far the deduction is one of the few being kept alive in the framework put forward by President Donald Trump and fellow GOP leaders in Congress this month. While the mortgage deduction is kept in place, it might face irrelevance. That is because the tax plan also would almost double the standard deduction for individuals and couples, meaning only the highest earners would continue to itemize their deductions, and only a few of them would take the mortgage break. For most taxpayers, the standard deduction is likely to be the better option.”.
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