We itemize...and a $24K standard deduction is a fraction of our itemized deductions when you factor in real estate.
But they pushing this shit like it's a win win for everyone.
It's not...not by any stretch of the imagination.

>2017:The standard deduction for single taxpayers and married
>couples filing separately is $6,350 in 2017.
>
>2018: The standard deduction amounts will increase to $12,000
>for individuals, $18,000 for heads of household, and $24,000
>for married couples filing jointly and surviving spouses.
>
>So right now I have a mortgage where the interest payments are
>$7400 a year. My taxes on it are $2400 a year. That totals
>$9800 a year. I have less (on average) less than $2200 in
>other deductions a year. (My state income tax is a different
>situation - we can pretend it's 0 right now.)
>
>So I itemize.
>
>But if I'm reading this correctly my tax advantage for my
>modest condo will be wiped out next year - am I reading this
>correctly?
>
>I could , in theory, pay off the mortgage and not see any
>disadvantage tax wise (assuming no other changes.)
>


"Get ready....for your blessing....."