No. of Recommendations: 5
I've gotten no tax breaks so far that I know of. <cough>SALT</cough>No?
"Trumps 2017 tax law was skewed to the rich. Households with incomes in the top 1% received an average tax cut of more than $60,000 in 2025,
compared to an average tax cut of less than $500 for households in the bottom 60%, according to the Tax Policy Center.
Tax cuts at the top — for both households in the top 1 percent and the top 5 percent — are more than triple the total value of the tax cuts received for people with incomes in the bottom 60%.
Trumps tax cuts boosted the after-tax incomes of households in the top 1% by 2.9%, roughly three times the 0.9% gain for households in the bottom 60%."
cbpp.org - The trump tax law was skewed to the rich expensive and failed to deliverBut almost all my assets are in the stock market and that's getting hammered.Almost all my assets are in Berkshire Hathaway (which has held up nicely), T-Bills and TIPS.
