“Irs already ruled Rev. Rul. 71-190, 1971-1 ..only a good faith estimate of 2017 tax is deductible in 2017.”
Exactly. And I don’t even know how one does a good-faith estimate of 2018 taxes, when the rates aren’t even determined until 6 months from now (at least in Texas)...and a lot of factors go into those rates, plus you have home assessments, which aren’t finalized until summer.
Perhaps if those assholes in the Northeast spent just a bit of the past 2 years trying to hold their local politicians accountable, rather than whining about Trump - they wouldn’t be in as much of a bind.
Dude, dial it back a bit.
Millions of people in those states voted for Trump, are conservative, have families, run businesses, struggle to pay for college, etc.
Don't cast aspersions on people with so wide a net.
In reality they LOVE this Mnuchin/Cohn orchestrated tax scheme more than the Obamacare scheme perpetrated fellow tribe member Gruber.
Temporary tax cuts for some, immediate tax increases for the upper middle class, and to boot a 14th Amendment violation and illogical "you can deduct $10,000" of SALT (should be either deductible or not, not an an amount some Goldmans Sachs Mieskeit says so).
Most of the lemmings and goyim are too stupid to realize they have been scammed.