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Rose Law Group Reporter’s Top 10 Tax Reductions and Penalties in the House version of the Tax Cuts and Jobs Act

Posted by   /  November 17, 2017  /  No Comments

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By Phil Riske | Senior Reporter/Writer

10. 10% off personal income for those who have visited the Grand Canyon 17 times

9. Citizens who have toured Moscow would be penalized 1% of personal income.

8. Home mortgage deduction would be doubled for millenials living with parents.

7. Parents of millenials may deduct 25% of personal income for child support.

6. 50% of veterinary expenses may be deducted for dental care for elephants.

5. Whistleblowers may carry forward for 2 years the cost of whistles.

4. A $50 loss may be claimed by those who voted for Hillary Clinton.

3. Citizens who voted for Donald Trump do not have to file returns.

2. Fake News Alert: Media corporate taxes would be doubled.

1. Filers who can show they’ve made a minimum of 170 positive comments about the IRS on social media would be exempt from late filing penalties.

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