Democrats: Include SALT deduction in Infrastructure Bill

[ColonelAngus]

Can any lefty on her explain to us specifically how the reinstatement of SALT deductions is NOT a huge tax break for the rich?

The left punks won't touch this one with a 10 foot pole.

Its so odd isnt it? Is it because they are too stupid to enagage the conversation, or do they realize this is a HUUUUGE tax cut for Biden’s rich friends?

 

[BluesLegend]

Can any lefty on her explain to us specifically how the reinstatement of SALT deductions is NOT a huge tax break for the rich?

The left punks won't touch this one with a 10 foot pole.

Its so odd isnt it? Is it because they are too stupid to enagage the conversation, or do they realize this is a HUUUUGE tax cut for Biden’s rich friends?

It's because even the left can't spin hypocrisy on this scale. A 100% pure tax cut for the rich, they won't go near it. It's like raging about corporations while Pelosi's husband just happens to invest millions in corporations just before they get a huge government contract.

 

[Staidhup]

Dimbo’s love subsidies provided the little man pays for them. Kind of like the Social Security cap, they believe a cap is justified because they won’t receive what they pay into it, yet it’s all about fairness isn’t it?

 

[Dont Taz Me Bro]

I noticed our residents left tards are avoiding this thread like the Rona

 

[Staidhup]

One has to run and hide from your hypocrisy until you can spin the facts to suit your purpose.

 

[task0778]

What's funny is that the NY pols want to reduce the federal tax burden on their rich folks by eliminating the cap on state and local tax deductions of federal tax returns, BUT then increase it at the state level. Talk about crocodile tears. This in the midst of a decision by the state legislature to handout large payouts to illegal immigrants.

New York state lawmakers plan to hand out COVID-19 checks of over $15,000 to illegal immigrants they say have been "excluded from government-issued payments and insurance."

Illegal immigrants are entitled to a payout of up to $15,600, which equates to roughly $300 per week for one year, state Sen. Jessica Ramos, who spearheaded the $2.1 billion Excluded Workers Fund, wrote in an announcement on Tuesday.

New York offering up to $15K payments for illegal immigrants - Washington Examiner

New York state lawmakers plan to hand out COVID-19 checks of over $15,000 to illegal immigrants they say have been "excluded from government-issued payments and insurance."Illegal immigrants are entitled to a payout of up to $15,600, which equates to roughly $300 per week for one year, state...

www.washingtonexaminer.com

“As New York’s Covid expatriates consider returning to the office, lawmakers in Albany should be shouting welcome home,” the Journal writes. “Instead they’re eyeing big new tax increases that would give the state’s temporary refugees to Florida—or wherever—one more reason to stay away for good.”

They cite E.J. McMahon of the Empire Center for Public Policy, who warns that “The financial incentive for high earners to move themselves and their businesses from New York to states with low or no income taxes has never—ever—been higher than it already is.”

Time to move, indeed. If successful, this wave of tax hikes will be very bad news for New Yorkers and the Empire State economy. But it may well be a boon to Florida and other states with more hospitable economic climates that welcome, rather than punish, success.

Opinion | New York’s Tax Madness

Despite a federal bailout, Albany wants to pile on record rate increases.

www.wsj.com

You can't make this shit up.

 

[ColonelAngus]

I will ask again. How is reinstating the SALT deductions NOT a huge tax break for Biden’s rich friends?

Come on, lefties. Biden said he wasnt going to give big tax breaks to his rich friends.

 

[ColonelAngus]

Lefties....ask a conservative neighbor about SALT deductions.

 

[Nostra]

House Democrats from California sent a letter to President Biden this week urging him to undo the cap on the state and local tax (SALT) deduction in infrastructure legislation.

"As you turn your attention to the American Jobs Plan, we urge you to address the $10,000 cap President Trump placed on the State and Local Tax (SALT) deduction, which has hurt our constituents and people across the country since long before the COVID-19 pandemic began," the California Democrats wrote in a letter dated Thursday. "The removal of this arbitrary cap is necessary and prudent as we seek remedies to help the American people during this time of recovery."

The letter is the latest push from lawmakers in high-tax states to lift the $10,000 SALT deduction limit in legislation based on Biden's American Jobs Plan. Most House Democrats from New York signed onto a similar letter earlier this week.
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"Your American Jobs Plan, and the associated Made in America Tax Plan, are a key part of ensuring our country emerges stronger from this pandemic," the California lawmakers wrote. "Alongside policies that create good jobs and ensure corporations pay their share, we must restore fairness to the tax code for the middle class by restoring the SALT deduction."

California Democrats urge Biden to address SALT cap in infrastructure bill

House Democrats from California sent a letter to President Biden this week urging him to undo the cap on the state and local tax (SALT) deduction in infrastructure legislation.”As you turn yo…

thehill.com

"Restoring fairness to the tax code for the middle class" is out and out BULLSHIT! That deduction doesn't have a damn thing to do with the middle class, it's entirely aimed at rich people, and it doesn't have jack-shit to do with infrastructure. And repealing the deduction means LESS federal revenue.

Libtard tax giveaways to the rich are now "infrastructure".

 

[task0778]

Libtard tax giveaways to the rich are now "infrastructure".

LOL, Libtard tax giveaways to EVERYBODY including illegals and criminals that vote is now infrastructure. I bet all those women that had an abortion are pissed cuz now they ain't getting any extra Relief money.

 

[ColonelAngus]

Lefties are such cowards. Their knowledge of any issue is bumper sticker deep. They get derailed by 1 question.

 

[ColonelAngus]

Any lefty on the board....let me know when you want to talk about the reinstatement of SALT deductions and now this is a massive tax cut for Biden’s rich friends.

 

[ColonelAngus]

No Lefties want to discuss SALT deductions?

Why is that?

 

[Nostra]

No Lefties want to discuss SALT deductions?

Why is that?

They are silent on the Cult Leader's proposal to implement a huge tax giveaway to his rich cronies.

 

[ColonelAngus]

No Lefties want to discuss SALT deductions?

Why is that?

They are silent on the Cult Leader's proposal to implement a huge tax giveaway to his rich cronies.

Its so funny how they wont dicuss when they are fucking owned by their own side.

You can scream it and they pretend they dont hear,

HEY LEFTIES! BIDEN IS GOING TO GIVE A HUGE TAX CUT TO HIS RICH FRIENDS VIA SALT DEDUCTIONS! YOU WERE LIED TO!

....nothing,

 

[excalibur]

They are silent on the Cult Leader's proposal to implement a huge tax giveaway to his rich cronies.

Amazing, isn't it. This will benefit the 1% and here we have them clamoring for it.

It is aid to high tax states like NY, NJ, IL, CA, and one or two others.

 

[ColonelAngus]

Leftists, Biden is giving a huge tax break to his rich friends. Why doesnt it bother you?

 

[Nostra]

They are silent on the Cult Leader's proposal to implement a huge tax giveaway to his rich cronies.

Amazing, isn't it. This will benefit the 1% and here we have them clamoring for it.

It is aid to high tax states like NY, NJ, IL, CA, and one or two others.

Huge tax giveaways to the 1% is OK if they have a (D) after their name.

 

[basquebromance]

Love it. Congrats, Democrats. You convinced Bernie to give tax breaks to the rich.