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The Boston Globe


GOP deduction cap would hit the comfortable

WASHINGTON ­— Say you live in Massachusetts (or New York, or California, or Illinois). You and your spouse earn salaries commensurate with your advanced degrees, together bringing home $250,000 to $500,000. You make monthly mortgage payments on a nice house in a suburb where property taxes are steep.

Whether you call yourself rich, fairly well-off, or merely upper-middle-class, you are in the crosshairs of the Washington tax debate.

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