Here are the tax breaks Trump's plan would eliminate
Part of President Donald Trump's tax reform outline released on Wednesday would do away with itemized deductions on individuals' tax returns except for the mortgage and charitable giving deductions.
Here's a rundown of the itemized deductions this plan would cut:
Deductible state and local taxes: Currently, individuals are allowed to deduct their state and local taxes from their federal tax payments. This includes:
Personal property taxes: Allows deductions of state and local taxes on
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