Danny Cremeens was the Rotarian of the Day. Danny's guest was Mike Tugman, CPA, who gave us facts on the current tax laws. The top earners, 1% of Americans, pay 43% of the taxes collected, the wealthy do pay taxes. For 2018, only the first $10,000.00 of sales taxes paid will be deductible. Mortgage interest deduction is reduced from the first $1,000,000.00 to $750,000.00. Deductions for employee related travel and expenses has been eliminated. Brokerage fees are no longer deductible. The standard deduction was raised so that fewer tax payers get more than that. Alimony will no longer be deductible. There are many more changes, go ask your own CPA.