April 15, 2021

Los Angeles Times: Column: California Democrats have a chance to flex some muscle and work to restore deductions for taxpayers

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Standard deductions were nearly doubled and so were child credits. Importantly for many upper-middle-class Californians, the alternative minimum tax was significantly lowered.

The Institute on Taxation and Economic Policy reports that if the caps were eliminated, half the savings for California would go to the richest — the top 1%. Read more



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