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To: palmer
You're just plain old nuts; not to mention oblivious to many different factors that makes it difficult to impossible for many to just pick up and move.

First of all, if, and it's a HUGE "if", people living in high tax states ( some conservatives, some RINOS, many libturds ) decided to just pick up and move to states where there is either no state tax and in some instances, also city taxes, those states would turn BLUE over night.

Many people live in blue states because their families are there ( sometimes meaning that they are looking after older relatives ) and so are their jobs.

Selling one's home is NOT easy, in many places and the money ( taxes and moving costs ) outweigh that idea; not to mention getting a new job.

What has "rent" have to do with anything? Renters in high tax states won't get any perks re those who are paying mortgages.

FYI...people with mortgages of over $500,000, will no longer be able to take all of the mortgage interest off; however, if they live in a high tax state, NEITHER will, as it stands now, be able to deduct their state and when applicable, city taxes off their Fed Taxes.

A REAL "tax cut" has NO winners and NO "losers"; it is a win win thing for ALL people! That IS what the JFK and Reagan tax CUTS were. THIS POS CRAP SANDWICH ISN'T WHAT WAS PROMISED; NOT BY A LONG SHOT! And it won't stand as is, so stop having all kinds of joy over the punishing of some.

435 posted on 11/02/2017 9:44:03 PM PDT by nopardons
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To: nopardons
There are obviously winners and losers in the current tax code. The current winners are borrowers of large amounts of money and people who live in high tax states. The rest of us pay for those people, we are the losers. I am sort of in between, having enough deductions to make deducting my mortgage and state and local taxes worthwhile.

But here's the thing: I am willing to give up my tax deductions for a bill that lowers the corporate rate, because lowering the corporate rate helps everybody, not just me. Granted there is an argument that promoting home ownership helps society and the economy, but it also creates current winners and losers. Creating winners and losers in the tax code is generally bad for the economy, just like low interest rates are bad for the economy, just like welfare is bad for the economy. All of those are bad because they distort the economy.

459 posted on 11/03/2017 6:13:03 AM PDT by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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