Which tax loopholes are being cut for the rich?? They keep saying but

Penelope

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which ones? As far as I can see none. Everything is in their favor, esp the AMT, home mortgage and also charitable contributions.

So exactly which tax loopholes are being cut for the rich???
 
  • Eliminate itemized tax deductions other than charitable donations and mortgage payments: Mnuchin said this provision would close "loopholes" and offset the decrease in base tax rate for high income Americans.
 
  • Eliminate itemized tax deductions other than charitable donations and mortgage payments: Mnuchin said this provision would close "loopholes" and offset the decrease in base tax rate for high income Americans.

Which itemized deductions?? That is what I want to know??
 
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