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States ranked by claims for state and local tax deductions
AP and ABC News ^ | 18 Nov 17 | AP Staff

Posted on 11/20/2017 4:42:05 PM PST by SkyPilot

The percentage of federal individual income tax filers claiming a deduction for state and local taxes paid in 2015, ranked by state:

1. Maryland: 45.7 percent

2. Connecticut: 41.3 percent

3. New Jersey: 41.2 percent

4. Virginia: 37.3 percent

5. Massachusetts: 36.9 percent

6. Oregon: 36.0 percent

7. Utah: 35.3 percent

8. Minnesota: 34.7 percent

9. New York: 34.5 percent

10. California: 34.4 percent

11. Georgia: 32.8 percent

12. Rhode Island: 32.8 percent

13. Colorado: 32.5 percent

14. Delaware: 31.6 percent

15. Illinois: 31.3 percent

16. Wisconsin: 31.0 percent

17. New Hampshire: 30.9 percent

18. Washington: 29.9 percent

19. Iowa: 29.5 percent

20. Hawaii: 29.1 percent

21. North Carolina: 29.0 percent

22. Pennsylvania: 28.6 percent

23. Arizona: 28.4 percent

24. Montana: 28.2 percent

25. Idaho: 28.0 percent

26. Maine: 27.6 percent

27. Nebraska: 27.6 percent

28. South Carolina: 27.3 percent

29. Vermont: 27.3 percent

30. Michigan: 26.5 percent

31. Missouri: 26.1 percent

32. Ohio: 26.1 percent

33. Kentucky: 26.0 percent

34. Alabama: 25.8 percent

35. Kansas: 25.5 percent

36. Nevada: 24.6 percent

37. Oklahoma: 24.0 percent

38. Mississippi: 23.3 percent

39. Louisiana: 23.0 percent

40. Texas: 22.8 percent

41. Indiana: 22.8 percent

42. Florida: 22.5 percent

43. New Mexico: 22.5 percent

44. Arkansas: 22.3 percent

45. Wyoming: 21.6 percent

46. Alaska: 21.4 percent

47. Tennessee: 19.3 percent

48. North Dakota: 18.5 percent

49. West Virginia: 17.0 percent

50. South Dakota: 16.9 percent

District of Columbia: 39.8 percent

_________________________________________________________________

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(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events; US: Connecticut; US: Maryland; US: New Jersey; US: Virginia
KEYWORDS: bluestates; deductions; democrats; division; govtincomes; paping; salt; stateandlocaltaxes; stateslist; statestaxlist; taxandspend; taxbill; taxes; topten
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To: SkyPilot

Thanks for the ping!


21 posted on 11/20/2017 5:25:31 PM PST by nopardons
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To: Rome2000
What kills me about this Goldman Sachs clown who wormed his way into Trump's White House is that his current wife is his 3rd.

I guess when you swindled $300 million out of the rubes via your Goldman Sachs ivory tower, it time to divorce wife #2 and go for Trophy Wife #3.

22 posted on 11/20/2017 5:27:11 PM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot

the question can be this..... Would a person rather have a tax cut, or pay a little more..... Or have the market go up another 25%. The correct answer is have the market go up. If that is not a person’s answer.....it’s probably time to rethink their financial planning.


23 posted on 11/20/2017 5:27:26 PM PST by kjam22 (America need forgiveness from God)
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To: Jarhead9297
BRAVO!

FR's lefty class warfare warriors don't understand that, nor do they care! Just wait until more of the crap that is buried inside the House and Senate Bills trickles out and their oxen are being gored and watch how THEY yell!

24 posted on 11/20/2017 5:28:14 PM PST by nopardons (<B></B>)
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To: Mariner

Yes, they did and are STILL lying to us!


25 posted on 11/20/2017 5:30:28 PM PST by nopardons (<B></B>)
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To: kjam22
Or have the market go up another 25%. The correct answer is have the market go up. If that is not a person’s answer.....it’s probably time to rethink their financial planning.

Or perhaps that is a fool's choice: raise my taxes, in the hopes that a stock market that is already very inflated goes up another 25%.

Hedge fund billionaire warns about stock market bubble

Top Economist: Get Ready for a Stock Market Drop

14 months ago, even Donald Trump warned that the market was a "massive bubble" that was not even fueled by economic reality.

So now, 14 months later, we are supposed to believe that raising our taxes is a great idea, in the hopes that the bubble gets even worse?

OK. Sure.

I believe there will be a day of reckoning with the market.

Where are we then? Oh, with higher taxes and a lot of suicidal market gamblers jumping off roofs.

26 posted on 11/20/2017 5:33:10 PM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: tcrlaf

You’re a damned dog in the manger, delusional, and I can’t wait for something YOU care about being taxed/dissallowed in the final Bill!


27 posted on 11/20/2017 5:33:45 PM PST by nopardons (<B></B>)
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To: SkyPilot
Those posters are not only NOT Conservatives, but are stupid, vicious, and no better then the BLM bunch.
28 posted on 11/20/2017 5:37:31 PM PST by nopardons (<B></B>)
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To: SkyPilot

People have been saying the market was going to collapse since 2010. I have friends who got into cash in 08. A couple still there. They’ll get to work until they’re 83 I think.


29 posted on 11/20/2017 5:38:10 PM PST by kjam22 (America need forgiveness from God)
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To: Mariner

Jack the standard deduction up to $24,000 per individual.


30 posted on 11/20/2017 5:38:31 PM PST by Architect of Avalon
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To: SkyPilot

My taxes will not go up. I’m retired and living on cap gains and a farm business in Oklahoma. But yeah. I would give up my tax cut for a higher market. All day every day.


31 posted on 11/20/2017 5:41:30 PM PST by kjam22 (America need forgiveness from God)
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To: SkyPilot

She’s apparently “Nebbish Safe”.

I wouldn’t piss on her if she was on fire.


32 posted on 11/20/2017 5:42:26 PM PST by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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To: kjam22
Pass a combination of these Bills and the market will CRASH!

Doubt me? DON'T !

The huge corporations are getting a permanent, huge, TAX CUT.

Small companies are NOT going to get them.

Many people who are going to get a damned tax INCREASE, are the one who have disposable money with which to buy stuff ( in some cases, LOTS of stuff! ) and to invest.

The piddly amount that some posters, here, are cheering about getting, doesn't amount to all THAT much...except in the aggregate and THAT won't fuel the economy.

Worse yet...the "promise" of more jobs and higher salaries, WILL push many into higher tax brackets! So chew on THAT for a bit.

33 posted on 11/20/2017 5:45:14 PM PST by nopardons (<B></B>)
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To: kjam22
Yes, but those who predict the market will drop only have to be right once.

But Trump said this:

https://www.bloomberg.com/news/videos/2016-09-27/trump-we-are-in-a-big-fat-ugly-bubble

He was actually right. Now he is taking credit for the market getting higher, as corporations anticipate a massive tax cut for themselves.

Trump even said that we "had better be awfully careful." He warned that the Fed's actions could be catastrophic - because if interest rates are raised, the market (and all of us) are screwed.

Could the market continue to go up? Sure.

Is that gamble a good reason to ask for our taxes to be raised?

Hell no.

34 posted on 11/20/2017 5:45:32 PM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot

SkyPilot, seems reasonable to cap the deduction at the average paid across the States.

It may cause people in high tax states to think about how their State government is screwing them.


35 posted on 11/20/2017 5:46:06 PM PST by aMorePerfectUnion
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To: nopardons

I’m sure my perspective is skewed because of the state I live in. I know 3 CPAs that do taxes for a living. One is my nephew. They all say they don’t know anyone whose taxes will go up based on what they have heard of the proposals. I dunno. I know mine will not go up.


36 posted on 11/20/2017 5:49:04 PM PST by kjam22 (America need forgiveness from God)
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To: kjam22
People have been forecasting "CRASHES" for decades and when one happens, they're correct; however, they are wrong most of the time and the '08 "CRASH" was a manipulation, just as the one in '87 was!

This market is built on hot air, though and IF the Congress signs this POS and Trump signs it...there WILL be a CRASH and one that makes the '08 one look like a day in the park!

37 posted on 11/20/2017 5:51:09 PM PST by nopardons (<B></B>)
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To: Architect of Avalon

“Jack the standard deduction up to $24,000 per individual.”

Between alimony and all my SALT, I deducted over $35k last year. While my case is unusual, it’s not unique.


38 posted on 11/20/2017 5:51:49 PM PST by Mariner (War Criminal #18)
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To: SkyPilot

The Abysmal Track Record of Moody’s Mark Zandi


39 posted on 11/20/2017 5:52:04 PM PST by Brown Deer (America First!)
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To: kjam22
And how do you feel about the delayed until '18, ObamaCare tax on medical devices ( which FYI...includes bandaides! ); do you even know about this? LOL

You won't get a "higher" market, but you ARE a fool!

40 posted on 11/20/2017 5:54:09 PM PST by nopardons (<B></B>)
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