Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: NobleFree
Forgetting about what people in high tax states pay to the state and in some instances to a city as well, and sales tax deductions too, there are many places where property taxes are very high; much higher than what a doubling of a deductible will give them.

Then throw in the above taxes, deductions for charities, and whatever else people are now able to deduct now, and taxes on many people SHALL go up and do so greatly. Ergo...this is a tax INCREASE and NOT the promise, often touted "TAX CUT" AT ALL!

I use CAPS to make the words stand out. Don't like it, n00b? TOUGH!

51 posted on 10/27/2017 1:23:20 PM PDT by nopardons
[ Post Reply | Private Reply | To 46 | View Replies ]


To: nopardons
[Intolerant in NJ:] The standard deductions are going to be doubled - this should mean that many people will no longer gain any advantage in itemizing their deductions and thus not need to consider SALT at all

Good point.

No it is not and it is, in fact, a damned LIE!

Can you offer any reason to believe this, other than using your caps key?

Forgetting about what people in high tax states pay to the state and in some instances to a city as well, and sales tax deductions too, there are many places where property taxes are very high;

As I recall, one can now deduct local sales taxes or income tax but not both. However, the point you make is also a good one.

taxes on many people SHALL go up and do so greatly.

Neither Intolerant in NJ nor I ever said otherwise - so where's the "LIE" you alleged?

I use CAPS to make the words stand out. Don't like it, n00b?

I like facts better.

54 posted on 10/27/2017 3:57:38 PM PDT by NobleFree ("law is often but the tyrant's will, and always so when it violates the right of an individual")
[ Post Reply | Private Reply | To 51 | View Replies ]

To: nopardons

It does look (with what little we have to go on!) like a slice of upper middle class people in high tax states could be screwed. Unless a adjustment for them is made- which doesn’t look hard.
Californians will probably still take a hit though - there’s just too much wrong there.


60 posted on 10/27/2017 6:16:09 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
[ Post Reply | Private Reply | To 51 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson