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Some of America’s favorite tax breaks could be on the chopping block

Source: Christine Romans, CNN Money

For people in high-tax states, deducting state and local taxes is a favorite tax break. (Hello, New York, New Jersey, Connecticut, California.)

There are deductions for tuition and student debt interest, and the money you invest in a 529 college savings plan grows tax free.  Health care is the largest tax break.

Read Full Article: Some of America’s favorite tax breaks could be on the chopping block

 
 
 

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