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State and Local Tax Deduction Elimination
Posted by: what gives ()
Date: October 30, 2017 12:21PM

Where are the conservative posters that complained so bitterly on estate taxes on the State and Local Tax write-off elimination by the GOP. In order to cut taxes for the rich and corporations the GOP is raising taxes on the middle class by planning to eliminate middle class tax write off of the State and local taxes they pay. Isnt this paying taxes on money you use to pay taxes?

Why is this ok? And please dont tell me increased personal deductions will make up for it it wont.

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Re: State and Local Tax Deduction Elimination
Posted by: Sounds shitty ()
Date: October 30, 2017 12:27PM

It's a democrat proposal so you should be good with it.

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Re: State and Local Tax Deduction Elimination
Posted by: correct ()
Date: October 30, 2017 12:32PM

Sounds shitty Wrote:
-------------------------------------------------------
> It's a democrat proposal so you should be good
> with it.


Agreed the current GOP tax plan that they are attempting to pass with zero votes from the democrats was in fact written by the democrats. Hillary paid for it with funds from Uranium 1 bribes. Obama will profit as taxes will be diverted to his private account in his homeland of Iran.

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Re: State and Local Tax Deduction Elimination
Posted by: Phruppie ()
Date: October 30, 2017 01:18PM

correct Wrote:
-------------------------------------------------------

> Agreed the current GOP tax plan that they are
> attempting to pass with zero votes from the
> democrats was in fact written by the democrats.
> Hillary paid for it with funds from Uranium 1
> bribes. Obama will profit as taxes will be
> diverted to his private account in his homeland of
> Iran.


You're stupid.

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Re: State and Local Tax Deduction Elimination
Posted by: How it all works ()
Date: October 30, 2017 01:36PM

Shitty, poorly managed states like California, Illinois and New York have high state taxes. They waste a fuckton of money on corrupted projects, teachers unions and illegal aliens. When taxpayers in these states are given a federal tax deduction for their inflated state tax rate, the people in fiscally responsible states are forced to share the burden of the irresponsible states failures. The residents of these corrupt and mismanaged states never have to confront their local problems as long as others keep footing the bill.

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Re: State and Local Tax Deduction Elimination
Posted by: Virginia first and only ()
Date: October 30, 2017 01:41PM

How it all works Wrote:
-------------------------------------------------------
> Shitty, poorly managed states like California,
> Illinois and New York have high state taxes. They
> waste a fuckton of money on corrupted projects,
> teachers unions and illegal aliens. When
> taxpayers in these states are given a federal tax
> deduction for their inflated state tax rate, the
> people in fiscally responsible states are forced
> to share the burden of the irresponsible states
> failures. The residents of these corrupt and
> mismanaged states never have to confront their
> local problems as long as others keep footing the
> bill.


This is the reason we shouldn't give money to hurican devastated states
Or foot the bill for states dealing with opioid addiction

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Re: State and Local Tax Deduction Elimination
Posted by: ><((((º>·´¯`·.¸><((((º>·´¯`·.¸>< ()
Date: October 30, 2017 01:56PM

Virginia first and only Wrote:
-------------------------------------------------------

> This is the reason we shouldn't give money to
> hurican devastated states
> Or foot the bill for states dealing with opioid
> addiction


wow, you're a selfish douchebag.

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Re: State and Local Tax Deduction Elimination
Posted by: hyucy ()
Date: October 30, 2017 03:21PM

How it all works Wrote:
-------------------------------------------------------
> Shitty, poorly managed states like California,
> Illinois and New York have high state taxes. They
> waste a fuckton of money on corrupted projects,
> teachers unions and illegal aliens. When
> taxpayers in these states are given a federal tax
> deduction for their inflated state tax rate, the
> people in fiscally responsible states are forced
> to share the burden of the irresponsible states
> failures. The residents of these corrupt and
> mismanaged states never have to confront their
> local problems as long as others keep footing the
> bill.

It isn't just people who live in what you call "irresponsible states" that will be hurt by this proposal. Many very wealthy Americans who have relocated to low income tax states still receive substantial income from high income tax states and are subject to taxes on that income.

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Re: State and Local Tax Deduction Elimination
Posted by: Trump is a big Liar, Big Liar ()
Date: October 30, 2017 03:48PM

It's Congress doing shit flows down hill. Congress is just passing the buck to states for they can blame the states later. GOP blame game is new level under Trump.

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Re: State and Local Tax Deduction Elimination
Posted by: thinking reply ()
Date: October 30, 2017 04:11PM

How it all works Wrote:
-------------------------------------------------------
> Shitty, poorly managed states like California,
> Illinois and New York have high state taxes. They
> waste a fuckton of money on corrupted projects,
> teachers unions and illegal aliens. When
> taxpayers in these states are given a federal tax
> deduction for their inflated state tax rate, the
> people in fiscally responsible states are forced
> to share the burden of the irresponsible states
> failures. The residents of these corrupt and
> mismanaged states never have to confront their
> local problems as long as others keep footing the
> bill.

The trend is quite the opposite - States that take care of themselves by taxing residents tend to rely much less on Federal funds. California and New Jersey are examples of states with high tax rates and the lowest dependency on Federal funds.

New Jerseyans receive only $0.48 back for every dollar they pay in income tax, the fourth lowest rate in the country. Of New Jersey's revenue, 26.87% comes from federal funding, the 10th lowest in the country.

New Jersey has 3.82 federal employees per 1000 residents, which ranks fifth lowest in America, and only 1.78 civilian non-defense federal employees per 1000 residents, the second lowest in America.

Oregon is somewhat of an exception ranked 15th on dependency on Federal money yet among the highest effective tax rates.

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