Congress passed a $1.5 trillion tax cut bill on Wednesday that includes provisions that will hit Bay Area homeowners harder than people who live in more affordable parts of the country.

The Republican bill capped existing mortgage interest tax breaks at $750,000.

That loan amount will buy you a palatial estate in most of the country, but won’t get you very far in much of the Bay Area.

A provision that will likely have an even greater impact on California and other states with higher home values is the $10,000 cap placed on the state, local and property tax deduction.

Million-Dollar Problems 20 December,2017Mark Fiore

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Mark Fiore

 

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Pulitzer Prize-winner, Mark Fiore, who the Wall Street Journal has called “the undisputed guru of the form,” creates animated political cartoons in San Francisco, where his work has been featured regularly on the San Francisco Chronicle’s web site, SFGate.com.  His work has appeared on Newsweek.com, Slate.com, CBSNews.com, MotherJones.com, DailyKos.com and NPR’s web site.  Fiore’s political animation has appeared on CNN, Frontline, Bill Moyers Journal, Salon.com and cable and broadcast outlets across the globe.

Beginning his professional life by drawing traditional political cartoons for newspapers, Fiore’s work appeared in publications ranging from the Washington Post to the Los Angeles Times.  In the late 1990s, he began to experiment with animating political cartoons and, after a short stint at the San Jose Mercury News as their staff cartoonist, Fiore devoted all his energies to animation.
Growing up in California, Fiore also spent a good portion of his life in the backwoods of Idaho.  It was this combination that shaped him politically.  Mark majored in political science at Colorado College, where, in a perfect send-off for a cartoonist, he received his diploma in 1991 as commencement speaker Dick Cheney smiled approvingly.
Mark Fiore was awarded the Pulitzer Prize for political cartooning in 2010, a Robert F. Kennedy Journalism Award in 2004 and has twice received an Online Journalism Award for commentary from the Online News Association (2002, 2008).  Fiore has received two awards for his work in new media from the National Cartoonists Society (2001, 2002), and in 2006 received The James Madison Freedom of Information Award from The Society of Professional Journalists.

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