Tax Bill's $10,000 deduction limit for State and local Taxes is $8500 less than the average Californian's DEDUCTION in 2015!

Fadel Lawandy, a director at Chapman University’s Hoag Center for Real Estate and Finance, pointed out that the bill also caps property and state income tax deductions at a combined $10,000 — about $8,500 less than the average deduction taken by Californians in 2015, according to the Tax Policy Center.
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CaliforniaHomeownership will get more expensive for some Californians under the GOP tax bill





IN OTHER WORDS, THIS TAX BILL WILL MEAN THE AVERAGE CALIFORNIAN WILL PAY ON AVERAGE $8500 MORE NEXT YEAR THAN THIS YEAR IN TAXES AS A DIRECT RESULT OF THIS TAX BILL!

AND UNFORTUNATELY PEOPLE ON A FIXED INCOME MIGHT HAVE NO CHOICE BUT TO DOWNSIZE CONSIDERABLY, ESPECIALLY RETIRED PEOPLE IN ORDER TO SURVIVE THIS AT ALL!

SO, YOU CAN SEE ALREADY THE HARM IT WILL DO TO THE MIDDLE CLASS IN CALIFORNIA!