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originally posted by: Metallicus
a reply to: Byrd
This is one tax change we should all get behind. First of all, it affects wealthier Americans and not the middle and lower class. Secondly, it encourages states to lower the state tax burden on their citizens.
originally posted by: carewemust
a reply to: Byrd
Why get a break from the Federal Government because your state screws you? If $0 in state/local/property taxes could be deducted, so be it.
People criticize welfare ghetto queens, but get pissed off when the Feds cut back on their IRS welfare subsidies. Go figure.
originally posted by: Xcalibur254
a reply to: Metallicus
Doesn't it also ultimately give more power to the federal government? I mean if a state is taking in less money that's going to make them more beholden to federal funding.
originally posted by: MOMof3
a reply to: amfirst1
Lies. Idaho has been deep red for 30 yrs. We don’t have rich New York democrats. We have farmers with a thousand acres to pay taxes, including income tax.
I like this plan from the republicans. I’ve been waiting for 30 yrs for the religious nuts in Idaho to start voting for their wallet and not abortion.
originally posted by: Byrd
The New York Times lays it out in pretty blunt detail People who have enough financial liquidity in New York have already paid their state income taxes (thanks to an executive order from Cuomo) so that it can be fully taken off the Federal income tax. And he's talking with other New York officials to see what can be done for next year.
originally posted by: MOMof3
a reply to: face23785
It’s a reduced market value rate, its still taxed.