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Respond/Comment on the statements below which refer to Tax Cuts and Jobs Act (TCJA) 1. I disagree with the changes that congress made in favor
Respond/Comment on the statements below which refer to Tax Cuts and Jobs Act ("TCJA")
1. I disagree with the changes that congress made in favor of corporations where they only pay taxes on 80% of the revenue. I believe that everyone should pay taxes on their entire income and not just 80% of their revenue.
2.I believe that the deduction for casualty and theft losses modified is unfair to individual taxpayers. Itemizing your theft losses must attribute to a federally declared disaster.
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