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To: WilliamIII
And why are they getting rid of the deduction for state taxes for individuals

Because it's high time Joe in Alaska pays taxes for Sally in New Jersey

8 posted on 11/27/2017 12:25:12 AM PST by onona
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To: onona

I could not have screwed up that response more if I tried.


9 posted on 11/27/2017 12:26:18 AM PST by onona
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To: onona
Because it's high time Joe in Alaska pays taxes for Sally in New Jersey

Not sure what point you were trying to make there. But the tax plan (which doesn't help me much, if at all), would actually burden people in high tax states by not allowing them to deduct their state taxes from their taxable wages. That said, Joe would be burdened less, assuming Sally paid more as a % of total contribution to the aggregate tax revenue. But alas, Joe doesn't pay state taxes in Alaska. In fact, if he is an Alaska Citizen, he might get oil revenue dividends from the state. Now I am sure that is after the state contributes in some way on his behalf. But he will likely never see a change because of what Sally pays. None of us will, for that matter. It will just increase revenue to the fed by making blue staters pay more to the fed.

11 posted on 11/27/2017 8:52:43 AM PST by Tenacious 1 (You couldn't pay me enough to be famous for being rich or stupid!)
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