Replies

If Congress allows the sales tax deduction to expire, it will allow a geographically arbitrary, $4 billion tax hike on its constituents.

1 posted on 08/03/2012 9:09:36 AM PDT by 92nina

To: 92nina

Oregon has no sales tax, but an income tax ... so Oregonians get to deduct thier income tax.

Washington has no income tax, but a sales tax ... so Washingtonians get to pay more.

I think the end game is to make it fair ... nobody will get to deduct state taxes.

2 posted on 08/03/2012 9:17:02 AM PDT by RainMan (Jesus, please return soon.)

To: 92nina

Meh. I just take the standard deduction nowadays.

3 posted on 08/03/2012 9:21:28 AM PDT by cuban leaf (Were doomed! Details at eleven.)

To: 92nina

Only those that don’t take the standard deduction will be affected. A lot of people do.

4 posted on 08/03/2012 9:22:52 AM PDT by cuban leaf (Were doomed! Details at eleven.)

To: 92nina

So your local candy shop sells $200,000 worth of chocolate, sends $12,000 to the State of Florida in sales tax and pays income on $212,000 gross.

Got it. Sounds fair! /s

5 posted on 08/03/2012 9:30:33 AM PDT by poobear (Socialism, in the minds of the elites, is a con-game for the serfs, nothing more.)

To: 92nina

Ping

6 posted on 08/03/2012 9:38:38 AM PDT by dragonblustar (Allah Ain't So Akbar!)

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