I just happened to stumble across a story about something that should have gotten a lot of media coverage, but to my knowledge, has received almost none.
Did you know that, starting with your 2004 federal tax return, you can choose between deducting state income taxes and deducting state sales taxes? The IRS even has a handy table to let you come up with an officially approved deduction estimate if you have no desire to tally up your receipts for the year. This is welcome news for residents of states which have no state income tax (like my home state, Texas).
Why the apparent news blackout?
UPDATE: I posed this question at Free Republic. Most of the responses so far indicate that the story didn't get much coverage in the general-interest media. In other words, unless you work in the financial services industry, or if you hang out in one of their media haunts (such as BankRate.com -- where the above story was found -- or CNBC), you probably didn't hear about it.