[SkyPilot]

Oh, and by the way, this bill was written by and for K Street Lobbyists, not the middle class - who are going to be screwed by it. 44 million people claim that deduction. You can wave your hand and pious, but this is political suicide. And all so some groups can benefit greatly, while others get to "pay for" their tax cuts.

And if the deduction is so terrible, why does the bill allow big corporations and businesses to continue to claim their state and local taxes as a deduction, but not individuals?

Because K Street Lobbyists wrote the bill - that's why.

[palmer]

And if the deduction is so terrible, why does the bill allow big corporations and businesses to continue to claim their state and local taxes as a deduction, but not individuals?

Then they ought to eliminate it for both. But then you would just switch to a new talking point. You did stumble upon a grain of truth in your last reply which is that the corporate income tax hits people like me. It did in the past, I was in the lowest bracket, 15%, and had no accountant to reduce my taxes. My corporation made a pittance and I was unable to reinvest the money in services to build up the corporation. Instead I had to pay most of the corporate income to me as income. If I didn't do that, my corporate marginal rate, with less than 100k income was 34%.

But that's obviously ok with you.

[Durus]

Corporations and businesses don’t pay their taxes, the consumer of their product pays their taxes. You knew that didn’t you?

[Tolerance Sucks Rocks]

I would eliminate SALT for the corporate scum and the pass-through income as well. What’s good for the goose and all that.