there aren t the issues with state and local taxes. they want deductions for state and local taxes in this bill. what would you say to them if they were to threaten to hold this bill up to get that back in? i would say we ve got enough hostage taking in this world and we have enough hostage taking in this senate and they would be hostage taking america s prosperity and middle class families chance of not paying higher prices with inflation if they were to interfere with this bill. look, i ve been very lucky in life and i m a high-income taxpayer and it would reduce my taxes a whole bunch if they put back deductibility, but that doesn t make it the right or the fair thing to do. only 20% of people in our country even take itemized deductions, so that s a bill
Tax Litigation: The Week of July 11th, 2022, through July 15th, 2022 Knight v. Comm’r, T.C. Memo. 2022-76| July 14, 2022 | Lauber, A. | Dkt. No. 11719-20L Kelly v. Comm’r, No..
Tax Litigation: The Week of June 13th, 2022, through June 17th, 2022 Phillips v. Comm’r, T.C. Memo. 2022-58 | June 13, 2022 | Lauber, J. | Dkt. No. 18553-21L Chavis v. Comm’r, 158 T.C. .
Tax Litigation: The Week of June 13th, 2022, through June 17th, 2022 Phillips v. Comm’r, T.C. Memo. 2022-58 | June 13, 2022 | Lauber, J. | Dkt. No. 18553-21L Chavis v. Comm’r, 158 T.C..