Wealthy Homeowners in Blue States Will Be Hit Hardest by the GOP Tax Bill Awaiting Trump’s Signature

IWB ^ | Robert Carbery

[I want the USA back]

High earners in democrat states with income taxes will be paying more. To democrats, this is “tax cuts for the wealthy”

[DIRTYSECRET]

Who do you think they vote for?

[Hyman Roth]

Liberals love paying taxes so this shouldn’t be a problem for them.

[Pontiac]

Whatever happens, homeowners in wealthy parts of the country will be affected most by the GOP tax law.

Well that should make the Democrats happy. They hate rich people.

It’s funny that all of the Democrats on TV seem to hate this bill.

I just don’t understand Democrats.

[silverleaf]

Reading this garble hurt my brain. Unlike the editor who approved this desperately attempted illogical hit piece

[dblshot]

Elections have consequences.

[kabar]

Only part of the equation. Yes, there is a limit of $10,000 that can be itemized for property taxes, but what about the reduction in marginal income tax rates. Does that benefit offset the property tax cap?

This new mortgage interest deduction cap only applies to new purchases, so the immediate impact will be very limited.

[BenLurkin]

They don't mind. The rich libs say that they want to pay higher taxes.

[Sacajaweau]

Can’t be....this tax plan only hurts the poor and middle class.

[Obadiah]

How many times during the Obama reign did we hear Warren Buffett, Bill Gates, and others, beg to pay more taxes?

[utahagen]

“but what about the reduction in marginal income tax rates?”

The people this guy is talking about are at income levels too high to benefit from the decrease in income tax cuts.

[Angels27]

Isnt this what Liberals always wanted? To hit the wealthy hard with taxes?

[bgill]

Well, it isn’t doing me much good. Woo hoo, I get to save a whopping $200 which won’t cover one trip to the grocery store. Of course, property taxes went up it’s usual $500/yr. so I’m in the hole $300 with that alone.

[Snowybear]

Wah! I’m rich! Wah! I pay too much taxes! Wah! I live above my means! Wah!

[SunkenCiv]

and here comes DNC talking point #2, courtesy of a different partisan media shill:

NY Times Condescends to Trump Voters on Page 1: He’s No Friend of the ‘Little Guy’
Newsbusters.org | December 19, 2017 | Clay Waters
Posted on 12/19/2017 3:46:51 PM PST by Kaslin
http://www.freerepublic.com/focus/news/3615156/posts

[longtermmemmory]

how many states / referenda are there now to eliminate various state income taxes?

[DoodleDawg]

Which is why a lot of the Republicans from those states voted against the bill. I don’t think it will save them though. Would not surprise me to see Democrats gain in New York, New Jersey, Illinois, and California.

[PlateOfShrimp]

And most of these high-income folks have significant investments. If the economy grows as our side predicts, they will gain much more by rising stock prices than they lose by any changes in the tax code.

[hsmomx3]

Why are people blaming this administration when it is the states who set the tone for property taxes, school taxes, etc.

Blame the states, not Trump!