I think that my family should come out okay on the new tax bill. We definitely do need to itemize so it will be interesting to see where that puts us. Dropping to the 24% tax rate will definitely be helpful as will keeping the property tax deduction. My property taxes are about $7,000 per year. I also still deduct a pretty good amount of mortgage insurance. As an individual, I am happy. As a fiscal conservative, I don't see this as being good overall for the country. People are citing info about the growth of the economy and its impact without posting sources.
The Joint Committee on Taxation tells a different story.
http://www.nationalreview.com/corner...rowth-tax-plan
