> Most people hit the standard deduction,
Is this still true? After they raised the deduction and capped the sales/local tax deductions (and some others too I thought), I assumed a lot of people that used to hit the standard deduction now didn't.
Is this still true? After they raised the deduction and capped the sales/local tax deductions (and some others too I thought), I assumed a lot of people that used to hit the standard deduction now didn't.
That said, the vast majority of tax is paid by people who don't take the SD.