The irony is so delicious.
A segment of the very rich, the same group the left has been saying would only grow richer from President Donald Trump’s nearly year-old tax cuts, is now squawking because of all the extra taxes they’ll have to pay.
As part of the tax bill passed by the Republican Congress last December, the standard deduction individuals can take when paying their income tax was raised, but deductions for many individual items were removed.
In addition, individuals can no longer deduct more than $10,000 for state and local taxes or declare miscellaneous itemized deductions for work-related expenses and investment fees.
All these changes have hit pro athletes, whose certified public accountants are still toting up the losses, harder than most.