i live in WNY and i say DO IT!!! it'll hurt, but not as much as it will the RAT gooobernor and his minionsIBM
In before Mariner
So many freepers are in high SALT states and are in opposition to this “deduction” being eliminated or reduced. Most of these states are blue. Freepers should work to put their states back on low SALT diets or be among the first to relocate.
We could completely kill progressivism and socialism in well fell swoop - if we did away with the Federal Reserve and returned to a precious metals backed currency.
Printed, fiat money is the sugar on which this cancer feeds.
“Scrapping State, Local Deductions Will End Left’s Tax Infatuation”
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That might be the plan, but it’s definitely going to PO working people - they’ll blame Trump and the Republicans for taking away the local tax deductions.
Bad idea all around, a convoluted cutting off of the nose to spite the face.
The only reason there is a debate over SALT and mortgage interest deductions is because the pathetic idiot party who controls all three branches of government are so utterly incompetent and beholden to deep pocket contributors that they can’t even CUT TAXES without fiddly-farting around with deductions.
This is deduction reform, NOT tax reform. Ronald Reagan is rolling in his grave.
Wow. A brief moment of mental clarity.
Yes, I think this would open the eyes of people in those states.
I’m totally for it.
“You know, 1 percent of people in the state of New Jersey pay about 42 percent of its tax base. And you know, they can leave.”
The RATs could take every last dime from “the rich” and it still wouldn’t stop their mantra about “the rich not paying their fair share!” The high-tax blue states are going to be finding out that “the rich” are far more mobile than the “average joes!”
We’re seeing it here in CA, a state that has the most steeply progressive personal income tax in the country. And here in CA, we are right next door to Nevada which has NO state income tax. My wife is from Nevada originally, and we’ve thought seriously about changing our state of residence through the purchase of a home there.
Sweeney is probably thinking about a 90% exit tax to stop them.
Ping.
i live in WNY and i say DO IT!!! it'll hurt, but not as much as it will the RAT gooobernor and his minionsAnd I’m also sick of carrying the water for the Uber-wealty, considering that they fund DEMOCRATS way more than Republicans.
Perhaps if they helped PAY for the policies they support, they’ll reconsider what they’re doing, maybe. If not, at least we won’t be giving them even MORE MONEY to try to bring down Trump.
I’m for eliminating the deduction even though I’ll have to take some pain. It’s the right thing to do.
Bull. Pucky.
Yep - on the flip side, there are a lot of FReepers who think it should stay because they personally benefit - funny how “hard core conservative constitutionalists” will decide it ain’t all that important to try to get back to where the Founders intended....
Scrapping SALT deductions rips hard-earned cash out of working people’s pockets and stuffs it into the corrupt coffers of the federal government.
It also damages the coalition that Bannon and Trump put together, endangering Republican control of Congress.
SALT deductions should be left alone, and the standard deduction should be increased to $24,000 per person.