Quote:
Originally Posted by Pballer
Seniors really got screwed over on this one. No tax on tips phases out after $160,000/single. No tax on overtime phases out after $150,000/single or $300,000/couple. But the senior deduction phases out after only $75,000/single or $150,000/couple.
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That's a screw job?...$75,000. single or $150,000. a year for old people with no children to raise, who have garnered the necessities of life and they need more? Whining about nothing!