Posted on 12/02/2017 1:37:52 AM PST by Kaslin
“Taxes, however, can and will go up at the will of our Federal Masters.”
You bitch about high SALT being removed but blame high taxes on the feds? What an idiot!
Go back to your State masters and complain about those high State and Local Taxes.
The problem isn’t with the states the problem is with the feds. Today you’d be a Hamilton follower believing in a strong leviathan central government.
Kneel to your money masters
So we should keep the highest corporate tax rates - compared to many countries - MUCH higher - in the world? That’s your argument?
I can’t believe the absolute crap I am reading on here from some people on a supposedly conservative forum. This is straight out of the Democrat propaganda machine - word for word.
“They chose instead to pick “winners” and “losers.””
They didn’t pick anyone. Changes in taxes do affect people, but your immaturity and stupidity fails to see that.
Your State and local officials screw you with high State and Local Taxes (SALT) but you blame the feds. What an idiot!
We’re tired of subsidizing you high-tax States by letting you deduct your SALT and pay less federal taxes so the rest of us pay more.
We in the lower SALT States were the ones YOU screwed all these years!
They can more than fund their own states and probably many times over and hell isnt that the most conservative thing to do defund the fed and bring more spending back home!? Maybe these lib states had it right all along! As misguided as their spending is at least they know who to take care of at home vs. a federal beauracracy.
“Okay, you can stop shi**ing yourself now.
Gosh.”
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LOL — I guess some folks relish swimming in their own diarrhea. They’ll calm down eventually.
A quick look over at DU tells me all I need to know, they’re livid and I’m happy. Now let’s fire the starting pistol, open the gates and get this race started. This is the second time in my lifetime I’ve seen this country with such an opportunity for growth. Reagan was first and to be honest I never thought I’d see it again. Thank you President Trump! I could not have been given a better retirement gift. I will retire the same day he leaves office after his second term, a promise I made to my wife.
How long before all these people cheering tax increases on blue states are whining about their states turning blue? And what will they do when they have to compete for a job with a percentage of California’s twenty million strong work force? I expect some may rue the day they began chasing people out of blue states.
The super rich carry ALL of us in federal taxes and they pay vastly more than any of us in these boards will ever see in our lifetimes. Why should they? Just because they make more? Do they take any more from government than any of us? In fact the top 5% carry the country in what is paid into the coffers of government.
It is but also the very rich also live in those states and carry the rest of hebcountry in the federal tax burden.
P.S.
In a nutshell, most deductions are nothing more than RESTRIBUTION OF WEALTH.
Taking everyone’s money and sending it to particular groups and places they want to continue operating in particular ways.
So if you state, county, city, etc. is overtaxing or have your homes over-valued, woo-hoo, They get to keep overtaxing since the people never will feel the real brunt of their policies.
Or if they like a particular company and want them to get more money, WOO HOO, people are now nudged to buy their overpriced and under-competed products.
The problem with this free ranging debate is that it is a multi-factorial issue.
One factor that you are not considering is that in many of the high tax states services are covered as part of the tax structure such as garbage pick up, recycling pick up, bulk trash, leaf pickup and a host of other services & social service programs. People in the lower tax states have to pay out of pocket using already taxed dollars for these services.
Why is it equitable that people in the high tax states get to save the tax on the cost of those State/Local services by using pretax dollars and the low tax states don’t?
Money is wasted right & left on pork projects. The lack of fiscal responsibility, where the state taxpayers are sheltered from direct costs is what drives the process.
Everyone’s positions contain some truth but the bottom line is that the journey needs to begin & parts of it will be painful. The loss of SALT is necessary to begin winding down the bureaucratic, social justice, corrupt pay to play world the Dems created.
And this is one of the key issues. If the executives use the money to expand in the US and hire in the US, then Joe Sixpack will perceive it as, "Under Trump I got a good job back, unlike under Obama." If the executives (as I expect) just poss it away on frivolous M&A or buybacks to prop up share prices for executives' vested options, we just may see Bernie Sanders elected.
The two biggest things that need to be changed are the tax deductibility of corporate interest payments (companies use debt to fund expansion, rendering themselves vulnerable to corporate raiders or recession; if companies were forced to issue stock for expansion, we'd see executives planning for the long term rather than stuffing their own pockets)...and the second thing to be changed is the attitude/perception that there's this giant pot of cash that rich people are hoarding instead of sharing it. That's true in Silicon Valley; but most of this is due to the cult of the godlike CEO started by Jack Welch, and his insistence on profit by shagging US employees (where the F is my 'lifetime employability' you lying sack of flaming dung with your $2 million annual pension for life?)
Because I disagree with tax policy doesn’t make me anti anything, Never this or never that. I’m not a cultist, a worshipper, a bow downer...I don’t care if Mickey freaking mouse was POTUS. I stand on principles and not a person. The constitution is not Trump and Trump is not the constitution. I don’t have slobbering love affairs with those we elect.
He is a man that I respect and that is it. As with Reagan, Adams, Lincoln et al.
Good points . I pay from pocket for the services you speak. Good points here
Do you recall this being a campaign issue? Trying to force people to move?
(I expect some may rue the day they began chasing people out of blue states.)
They are not being chased by us they’re being run off by their own state governments, we the people have nothing to do with it. I moved to Cali in the 70’s and left within a year and came back to Texas. Should they choose to stay then the consequences of that decision is on them and will no longer be subsidized by the rest of the nation.
I would dearly hope that my opinion regarding the the tax bill should in no way be misconstrued as showing disrespect to the site's owner. This is his place.
There are several good, solid conservatives in Congress who voted against the House bill, and I agree with them.
In the end, I hope we can come together. This issue is very divisive in many, many ways. It affects people directly.
I thought that the loss of the mortgage deduction credit applied only to mortgages over $500.000, is that still correct?
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