TX has no income tax and GOP expect them to pick up the slack so NY and NJ taxpayers can deduct their high state income taxes from their tax bills, huh?
What's so fair about that?
I’m in Texas, and I’m losing my property tax and sales tax deductions.
I’ve been fiddling with this, and I think there’s a 25 percent chance, my taxes are going up under this bill.
“So, even CA GOP expect taxpayers in KS pay extra tax so they can deduct their higher state and local taxes.”
Sheer ignorance.
I’m starting to realize the reason it abounds to such an extent on this site is that almost no Freepers ITEMIZES their returns and file a Schedule A.
People: No taxpayer anywhere is subsidizing a CA taxpayer (especially) or any other taxpayer.
Everyone who itemizes, no matter what state they reside in, will lose under this proposal.
If a CA taxpayer is forced at the barrel of a gun to pay $20,000 in Federal Income tax, and a Oklahoma taxpayer making exactly the same salary is forced to pay $21,000 in Federal income tax...How the hell is it that the taxpayer in OK is subsidizing the CA taxpayer?
Oh, and I DOUBT most vehemently, the difference is that great.
OK has either a sales tax or an income tax or both. EITHER of them is deductible for the taxpayer that itemizes.
Along with their mortgage, property tax, excise tax on their boat and car etc.
CA has paid more in Federal Income Tax than it receives in all forms of federal payments/benefits. And has for over 40 years.’
And it’s all the freeloaders in the red states that benefit from that:)
“TX has no income tax and GOP expect them to pick up the slack so NY and NJ taxpayers can deduct their high state income taxes from their tax bills, huh?
What’s so fair about that? “
You got it!