I commented this at Z's and thought it might be worth posting here after edits.
You might find this interesting:
A chart comparing tax plans, Senate and House.
We’ve seen increased economic activity after the Trump election that would lead us to believe that it would continue under either tax plan.
There is concern over removing Property Tax deductions.
I paid off my house, so mortgage interest doesn’t interest me, but property taxes do, as does paying federal tax on the income that paid them.
I’m not sure what effect property tax deductions have on real estate investors.
Property tax deductions for homeowners is one thing, for business investment is another. My ox, your ox.
State and Local Tax (SALT) deductions are probably more problematic to many people.
A repeal of that obviously hurts high state tax (and city tax) residents like Californians.
But that deduction forces us “low” state taxpayers to subsidize those high tax states, taking voter pressure off their state legislatures to lower state taxes, allowing those legislatures to continue subsidizing illegal immigrants, poor moral choices, social change, etc.
What do you think?