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To: SpeedyInTexas
Nonetheless, my statement “Getting rid of the deduction will put pressure on these states to LOWER their taxes” is most likely true.

Probably, as long as the people in the state don't want their roads maintained, their schools funded, their state police and prisons funded, and great grandma's retirement home paid for.

63 posted on 11/17/2017 7:21:27 AM PST by DoodleDawg
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To: DoodleDawg

Martin Feldstein was on CNBC today and made the same point regarding high tax states (at time 2:30-3:49): https://www.cnbc.com/video/2017/11/17/santelli-exchange-feldstein-on-tax-reform.html

In Texas, we are a relatively low tax state and we have Roads, Schools, State Police and Prisons.

Not sure about Great Grandma’s retirement home, though. I’m kind of against government providing homes for people. Medicare may pay for a nursing home if Great Grandma paid into the system during her working years. But this is beyond my knowledge.


67 posted on 11/17/2017 11:44:54 AM PST by SpeedyInTexas
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