“That’s a damn lie! Mine are going up to subsidize “everyone”.”
So, you are in a high SALT State, where we’ve been subsidizing you all these years because you just deduct those taxes off your federal return?
Not true, New York gets back 80 cents back on every dollar sent to the Federal Government - not Tax states like Florida get back $1.80 for each dollar they send to the Federal Government.
“That’s a damn lie! Mine are going up to subsidize “everyone”.”
So, you are in a high SALT State, where we’ve been subsidizing you all these years because you just deduct those taxes off your federal return?
— To: Momincombatboots: you are not denying that taxes will go up on CodeToad, you’re just explaining why that - in your opinion - is not a bad thing. Bottom line, though: Many people in high-tax states will see their federal taxes rise under this “tax reform” legislation.