Dead.
There's more than enough of them. Upwards of 50.
Pelousy has been delusional for quite some time already
If this passes Trump can kiss California good-bye in 2020.
If this fails, Trump can kiss California good-bye in 2020.
Right now it looks like there’ll be a cap on SALT deductions.
But things can change.
She should know all about raising taxes, now shouldn’t she?
It does look like most of the Republican districts are from much lower income areas of California (generally inland), and thus will feel little or no pain from the tax plan, since the Standard Deduction doubles - in fact, many in those districts will gain from it.
The people who will really feel it are in the high income / high housing priced areas, the areas represented by DEMOCRATS, which is why the Democrats are leading the opposition to the plan (both in California and in the expensive areas of the Northeast).
Here’s a thought...California could always lower their taxes. (obviously, not going to happen)
Eh, this will still only impact a very small % of Republicans in liberal states after accounting for lower tax rates and higher standard deductions (not even counting the benefit of higher equity markets from lower corporate taxes and increased demand for US labor from lower corporate tax rates)
The state of California could try to manage its budget better. The politicians could stop the anti-growth policies and generous welfare schemes that drive up taxes. There are all kinds of things they *could* do but won’t.
None of this has anything to do with Republicans. If there was not a single Republican in the state, the Dems would still find a way to blame Republicans for their own failures. It’s what they do.
Oh, you don’t mean like that .20 cent per gallon of gas tax hike which goes into effect next Wednesday?
Or raising the cost for renewing the tag on my vehicle by $120 dollars a year?
Pffft!!!
100k is nada in CA. The valet parking guy at the local barbershop makes that.
Who cares if it raises Calif taxes? The citizens there allowed the state to degenerate to this point.
>> Republicans in Blue States will kill this proposal.
It’s definitely an effective tax hike on the middle-incomers in the states that contribute most per household — net federal which excludes the additional state tax.
I’m in California, make good money, and my initial reaction was pretty mad that this deduction be eliminated. Now I’m starting to think it’s another Trump negotiating tactic.
The California dems have been befuddled for a few weeks on how to respond, now they come out and say “this isn’t fair to California, you need to lower taxes more?!?” Pelosi, of all people, saying this?
Trump’s response: “OK”.
Pelosi and other blue state dems: “Wait! What did we just agree to?”
Republicans in CA, NY, NJ, and other states who vote for the current budget will be screwing over their citizens, who are going to face a massive tax hike.
When Pelosi and Schumer make more sense than our side, we are in the wrong.