There is a limit placed on the deductibility of taxes on one's tax return. This limit is one of the changes implemented with the most recent tax law changes that went into effect 1/1/18. Prior to that time, the deductibility of taxes was not limited.

Class, how do you feel about this new limitation. Do you think it is fair? Why or why not? What about those people that live in high tax states? Does the new law unfairly discriminate against them?