- A DEAL that both Democrats & Republicans can agree to that is better for taxpayers.
- This is only 2 Technical Corrections to TC&JA which will cure 2 big problems
- Increase the “SALT” deductions to a $20K limit; & Allow Transportation Workers to claim Employee Business Expenses of $20K.
A letter to Republicans & Democrats:
Dear Fellow Americans,
The Tax Cuts & Jobs Act (TC&JA) was not perfect. It was and is Good to most Americans
But there are some small changes that can make it better. Here are 2 suggestions.
The SALT deductions are “State and Local Taxes”, which are currently limited to $10K.
The $10K limit is too low to be fair. Taxpayers in states with high taxes will pay more than their fair share of Federal Taxes if this is not fixed.
Employee business expenses under prior law was claimed as an itemized deduction by transportation workers and others. TC&JA eliminated that deduction for most workers.
Transportation Workers have big travel expenses since the Airlines & Railroads & Trucking Companies don’t reimburse them for their out of pocket job costs.
Airline personnel, including Pilots & Flight Attendants, along with Truck Drivers and Railroad Workers should be able to claim those expenses to keep America running.
This Program will restore some fairness to 2 big groups of citizens. It will allow both Parties to claim a Victory. Why Not Do This?
Anson Avery, CPA