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Change the standard deduction on the 1040 to correlate with the cost of living where the taxpayer resides.

Created by K.R. on November 19, 2012

The cost of living across our big nation is very different depending on where we live. Eligibility for several government programs are linked to the median wage wherein the applicant resides. But the standard deduction on the 1040 form is a "one size fits all" amount. It's time to change that to better reflect the varied costs of living across our country.

Budget & Taxes
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