Here's why Trump's tax plan will hit Californians especially hard

Many Californians face a big financial hit under the Republican tax plan, which would eliminate a major tax break that benefits state residents more than those anywhere else in the U.S.

The federal deduction for state and local taxes allowed Californians to reduce their taxable income by $101 billion in 2014, according to an analysis by the nonpartisan Tax Foundation.

The tax outline released Wednesday by President Trump and top congressional Republicans would ax the break, which largely benefits residents in states that are Democratic strongholds.

Last week I had a person describe to me the household mortgage, and business write offs.

We’re talking about hundreds of billions of dollars.

I have not advocated these be eliminated. I do think they impact others.

While rents and product prices may be lower, someone has to pay the taxes. Those who don’t have deduction are impacted.

I don’t think it’s out of line to address it.

It's the same ~~strawman~~ valid point I've been making all along. ... Rents lower, taxes higher dumbkoff [sic].

Nobody is making the claim you are pretending to refute, ergo: strawman. Look it up, dumbkopf.

And take a basic economics class while you are at it, dumbkopf. You're stuck on your one point that you think is so profound that everyone needs to bow down to you in honor of your brilliance, when it is simple and obvious and not relevant to the point.

Have you ever been a landlord? I have. If costs go up, prices have to go up. Just like any other business. Taxes on properties affect rental rates. If you raise the taxes on the properties directly or indirectly (by eliminating deductions) rental prices will increase, dumbkopf. Basic, first year economics. If you are trying to say that a landlord charging a lower rent due to his ability to deduct mortgage interest will result in somebody somewhere paying higher taxes, nobody is disputing that. My only point is that mortgage interest deductions affect rental rates. If nobody gets to deduct it, rental rates go up across the board.

Of course, the basic point underlying the original issue is that if people don't get to deduct state and local taxes from their federal income, people in the high tax states won't be "cheating" the rest of us. That I agree with - level the playing field so the socialists in CA and NY and IL and the rest can't live it up at the expense of the rest of the country or bribe their way into power.

If I bring up a point, it’s a strawman.

I can see why you think you win all of your discussions.

You just claim nobody brought up the point, so it has to be a strawman.

Ouch!

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