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Many New Yorkers, in other words, would get a much better deal from the tax bill than they have been led to believe.
1 posted on 12/06/2017 2:19:54 AM PST by JayGalt
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>> mortgage interest payments

BS against the barn door...

State and property taxes in excess of the new doubled deduction are hit.

Don’t be a blowhard claiming the blue states fail to pay their fair share.


2 posted on 12/06/2017 2:30:49 AM PST by Gene Eric (Don't be a statist!)
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To: JayGalt

There are millions of hard working, single renters in NYC and across the country who have always taken the standard deduction. It’s about time they got a little break.


3 posted on 12/06/2017 3:02:44 AM PST by Sacajaweau
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To: JayGalt

I’m upstate and have a mortgage. My husband was starting to lose it a little with all the publicity about how bad it was going to be for New Yorkers but when I used the online calculators it showed our taxes would decrease under both Senate & House plans.


5 posted on 12/06/2017 3:37:27 AM PST by RubyR
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To: JayGalt

Crappy article undoubtedly fed to Carney by some congressional lackeys.

Middle-class NYers are between someone making $75K and swinging a home and the $500K+ crowd that Jivanka wrote their massive expansion of the 529 plan into k-12 private schools for.


7 posted on 12/06/2017 3:59:59 AM PST by 9YearLurker
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To: JayGalt

I don’t care what, if anything, I get back. I live in NYS. Own a home. SALT deductions still need to go.


8 posted on 12/06/2017 4:06:01 AM PST by mewzilla (Was Obama surveilling John Roberts? Might explain a lot.)
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To: JayGalt

If New Yorkers learned how to NOT pay for Elliot Spizter’s whores, they can learn to NOT pay for many other things their state and local politicians are doing to them.


9 posted on 12/06/2017 4:12:20 AM PST by Dixie Yooper (Ephesians 6:11)
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To: JayGalt
What....wait!! This cannot be true!! We've had so many, here, tell us just the opposite! 😱
13 posted on 12/06/2017 5:40:43 AM PST by Jane Long (Praise God, from whom ALL blessings flow.)
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To: JayGalt

I thought liberals wanted the “rich” to pay more?

So...which is the LIE?


15 posted on 12/06/2017 6:14:17 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: JayGalt
We're in California and retired as of July 2017. One on social security and one with a small pension that isn't government, teacher, or union. Eliminating the state and local income taxes doesn't make much of a difference for us. The current system without the SALT still yields less federal taxes that either of the proposed tax plans.

Retirees with a sizable property tax bill (CA, NY, TX, FL, etc.) along with out-of-pocket medical expenses (to include premiums) and possibly some mortgage interest will very likely see less starting next year.

16 posted on 12/06/2017 6:44:08 AM PST by CatOwner
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To: JayGalt

If the Republicans were SMART, they’d have the IRS tell each taxpayer what they paid in their 2017 taxes, and what they will pay in 2018, based on whatever law is signed-in. It would just take a few lines of code.

Unfortunately the Republicans are TOO STUPID to do that, as they are TOO STUPID to realize that the timing of this bill is a TICKING BOMB for them, especially as the media is portraying it. Here’s the scenario:

1) Bill passes, and the media (and sadly some here) keep preaching that this is not a real tax cut and by the time they’re done, virtually everyone expects their taxes to go up, even though only about 5% of people will see an increase (if that).

2) People are mad at the Republicans for “Increasing their Taxes” and they help sweep the Democrats into office next November...instead of holding the Senate Republican.

3) 3 months later, they do their taxes and say, “Wow, we were lied to, we’re saving THOUSANDS thanks to Trump and the Republicans”.

4) But too late - Trump is no longer able to seat a SINGLE JUDGE at the appellate or Supreme Court level...due to the Democrat blockade against him. The courts will be gone with the next Democrat president.

...and it all could have been prevented, by a few lines of code and a couple of sentences from the IRS.


18 posted on 12/06/2017 7:01:29 AM PST by BobL (I shop at Walmart...I just don't tell anyone)
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To: JayGalt

I still live in New York most of the year. Depending upon which online calculator I use and whether the AMT is repealed, my taxes will drop between ~$850 and ~$5,800.


21 posted on 12/06/2017 7:11:03 AM PST by Labyrinthos
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To: JayGalt
Many New Yorkers, in other words, would get a much better deal from the tax bill than they have been led to believe.

Are you implying that the New York Times lied to push a political agenda????

27 posted on 12/06/2017 7:52:25 AM PST by Personal Responsibility (If we disarmed democrats gun violence would decrease by 90%.)
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