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Senate tax reform hits yuppies with higher bills
Analysts from the National Taxpayers Union say the Senate Finance Committee plan would remove the two earner deduction IRA deductibility and sales tax breaks for childless dual earners with condo BMW loans and credit card debt. A hypothetical couple earning 31 000 each would owe 7856 under the Senate plan versus 6749 now and 6850 under the House bill.
MENTIONED IN THIS ARTICLE
Washington
Newsweek
Senate Finance Committee
BMW
Senate
National Taxpayers Union
Keating