Posted on 11/20/2017 4:42:05 PM PST by SkyPilot
The percentage of federal individual income tax filers claiming a deduction for state and local taxes paid in 2015, ranked by state:
1. Maryland: 45.7 percent
2. Connecticut: 41.3 percent
3. New Jersey: 41.2 percent
4. Virginia: 37.3 percent
5. Massachusetts: 36.9 percent
6. Oregon: 36.0 percent
7. Utah: 35.3 percent
8. Minnesota: 34.7 percent
9. New York: 34.5 percent
10. California: 34.4 percent
11. Georgia: 32.8 percent
12. Rhode Island: 32.8 percent
13. Colorado: 32.5 percent
14. Delaware: 31.6 percent
15. Illinois: 31.3 percent
16. Wisconsin: 31.0 percent
17. New Hampshire: 30.9 percent
18. Washington: 29.9 percent
19. Iowa: 29.5 percent
20. Hawaii: 29.1 percent
21. North Carolina: 29.0 percent
22. Pennsylvania: 28.6 percent
23. Arizona: 28.4 percent
24. Montana: 28.2 percent
25. Idaho: 28.0 percent
26. Maine: 27.6 percent
27. Nebraska: 27.6 percent
28. South Carolina: 27.3 percent
29. Vermont: 27.3 percent
30. Michigan: 26.5 percent
31. Missouri: 26.1 percent
32. Ohio: 26.1 percent
33. Kentucky: 26.0 percent
34. Alabama: 25.8 percent
35. Kansas: 25.5 percent
36. Nevada: 24.6 percent
37. Oklahoma: 24.0 percent
38. Mississippi: 23.3 percent
39. Louisiana: 23.0 percent
40. Texas: 22.8 percent
41. Indiana: 22.8 percent
42. Florida: 22.5 percent
43. New Mexico: 22.5 percent
44. Arkansas: 22.3 percent
45. Wyoming: 21.6 percent
46. Alaska: 21.4 percent
47. Tennessee: 19.3 percent
48. North Dakota: 18.5 percent
49. West Virginia: 17.0 percent
50. South Dakota: 16.9 percent
District of Columbia: 39.8 percent
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You shouldn’t support THIS one, since it is a covert spending bill. Support something with much lower rates.
Most people who do real work for a living, actually have retirement plans. If you don’t, then you are mismanaging your family.
A car btw, is NOT an investment.
Actually, such a market won’t be sustainable under decreased demand for goods and services caused by higher taxes on the middle class.
Not everybody can move. Therefore, you need much lower rates for complete simplification to actually work.
I don't post personal info on threads, so you're just going to have to either believe me or not; it's up to you.
And as far as early retirement, CONGRATS, but others have done that too and earlier. :-)
Actually, everybody gets a tax hike after 10 years, due to the temporary nature of the individual cuts. I think budgeting rules caused that one.
I’ve seen rates in RED states that are in the 30s.
States that don't have income tax, have property taxes and sales taxes, which ARE part of the whole SALT thing; ergo, yes, EVERY ONE used to be able to use that deduction!
I gave a list of deductions that are now still in or done away with. They are available for EVERYONE to take or not, if their situation permits.
There's a "special place" for all of YOU ( pl ) MARXISTS too and it isn't FR!
Post like a MARXIST/COMMIE...you'll get called one!
You’re NOT!
The Trump TAX CUTS called for 3 brackets; now there are FIVE!
Large corporations will still get to deduct SALT taxes; the rest of us won't.
The FED Gov needs to be cut down drastically, the "EARNED INCOME TAX" payoff needs to be stopped, and those of you who believe that YOUR taxes won't be raised are in for a shock. Nobody knows everything contained in the House and Senate Bills, but whatever the final results are, almost everyone is going to get bit, one way or another. That's the ONLY thing you can count on!
And yet you imagine that that's fine.
Yes...we DO need much lower rates for "simplification". OTOH...sometimes "simplification" and the TAX INCREASE BILL won't simplify much for many.
That’s true and only GOD ( because neither Trump nor anyone in Congress knows what’s in these messes now! ) knows what’s in both Houses of Congress’ Bills!
That’s because it’s a covert spending bill, not an actual tax reform bill. I wanted it to pass, because I heard the “usual suspects” (McCain, Murkowski, Collins-Dingbat, Flakey, Corksucker) were questioning it. It does have some good things in it, but it only allows a pittance to individuals and pass-through businesses. So, with McCain, Murkowski, etc, even a stopped clock is right twice a day, I guess. Sad.
That’s fine with me, if you want to live off of other people. You are obviously against capitalism. So, what does that make you?
Yes, that way you can pay 45.6 percent if you make between 1.2 and 1.6 million dollars.
Wanna see a BLOWHARD? GO LOOK INTO THE NEAREST MIRROR!
That's the average.
I'll tell you point blank I pay more than double that living here in Illinois.
The Trump Tax Plan is a DISASTER for me. It will be the single biggest TAX HIKE in HISTORY for people like me.
And that's BEFORE the $45k I pay in forced alimony gets taken away as a deduction too.
At that point, I quit my job and file for welfare. I'll just be done. I'm not paying for everyone else anymore while living under a bridge too. Screw that.
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