If it’s so bad, why do Corporations get to keep these deductions?
>> In effect, taxpayers in low-tax states and cities, like those in the South, are forced to subsidize the lavish public spending of liberals in New York, New Jersey, Connecticut, and California
What a total crock of BS.
Household tax contributions from CA and NY exceed those from TX. And by much as 50% compared to other “Southern” states.
One well known.
When you debate Freepers on this issue they know very well that people in states without state income tax subsidize residents in states financed by income tax. Those Freepers want every dime of my money they can pry from me.
indeed this is correct....and just try to stop the leftist D’s from using our tax money to pay for their campaigns and campaign supporters! Big swamp, I hate to say it but my bet is that DJT won’t be able to get Congress to drain this swamp
All that may be true ... but it pits states against each other and hurts our political chances in certain battleground states.
While I agree with tax simplification I care more about cutting spending and taxes across the board. Less political fallout.
Flat tax. 10% across the board. No deductions, no exemptions, no credits, and no refunds, regardless of what your earnings are.
Everybody plays, everybody pays.
It was intersting the first time it was posted also
It is never proper to feed the Federal pig more money than it ought to get to perform its Constitutionally mandated functions.
Not feeding the pig is perhaps the main reason to cut Federal tax RECEIPTS by the Feds, not to save each of us money, though that would be nice, but to STARVE THE BEAST, because the genius of Orthodox Americanism is LIMITED GOVERNMENT.
If you want to limit government, you MUST limit how much money you give it, damn it!
This proposed “tax plan” does not (especially in the long run) cut receipts.
And if the plan’s gyrations with what is deductible and what is not happen to swap around how much money the citizens of various states pay, I would rather the “progressive” states pay more than the good states, because that would put a damper on progressive garbage. We are in a battle for these USA, crap happens in a battle.
HOWEVER, I would rather the plan do the right thing and CUT RECEIPTS to limit the Fed government.
Then the SEVERAL STATES can do what we want, the good ones can keep taxes low and let their people build and grow, and the progressive states can tax their people and try to get their centralized control schemes to work, and they will learn from that experience when they see what the free states accomplish.
Cut Federal Taxes! Free Our States!
Thoughtful piece... thanks for posting.
This is why,New York, New England and California always go Democrat.
It's a graduated or progressive income tax.
Rich people pay at a higher rate.
So states that have a lot of rich people send more money to Washington DC than states with fewer rich people.
Bob Barr might be right about the state tax deduction, but perpetuating stereotypes that don't correspond to truth doesn't advance his case.