I look at the data, combined with what we know about net donor states and wonder how anyone can believe support for these Republican plans is anything but class warfare.
Every Congressional district in America has some taxpayers who make use of the SALT deductions, and while some will drop off with the increased standard deduction, very, very few will drop off if their income is over $100k.
Yet I’ve seen several dozen right here on Free Republic who still want to “stick it to those blue states”. And every state in the union, every single congressional district, red or blue, are taking these deductions because they have middle class income, a mortgage and therefore; significant state and local taxes.
When the income tax was first passed in 1913, taxing those monies which were used to pay other taxes was considered a moral issue. Something even the Progressives of the era would not propose.
Now we have a bunch of Social Justice Warriors on Free Republic, many who have probably never itemized a return in their adult lives, demanding these tax plans go forward.
They should now understand, if they are paying attention and not ignoring the data, that it would be their last hurrah at the political level.
There would never be another Republican majority in either House of Congress.
And Trump would be lucky to survive until the 2020 election.
Still, somebody is going to post after this one saying I’m just trying to protect the commies in California.
IRT your #39. You point out why there can never be any meaningful tax reform. If you plan your life around a certain tax loophole, the plan doesn’t work if the loophole goes away and taxes aren’t adjusted accordingly. Even suggestions of modestly altering 401K type plans brings out big yells..