Trump Tax Plan Sticks it to the Rich in NY and California

[Defiant1]

Oh the rich will make out fine, if the AMT tax is gone. They have so many more deductions. Tax cut for the rich, and the need to defund Chip, Medicaid, and start attacking Medicare.

Please tell us about all these deductions only the rich have.

 

[busybee01]

You mean states and local governments who overtax won't be able to steal from the Fed?


Awwww, too bad!


Lower you taxes, you fucking socialists.

Nobody is stealing from anyone you right wing nut job. You know the one thing that states with the lowest per capita income have? They are dominated by Republicans.

 

[ColonelAngus]

You mean states and local governments who overtax won't be able to steal from the Fed?


Awwww, too bad!


Lower you taxes, you fucking socialists.

Nobody is stealing from anyone you right wing nut job. You know the one thing that states with the lowest per capita income have? They are dominated by Republicans.

You don't know enough about taxes to understand what the fuck I am talking about.

I am talking about the Fed removing the deduction for state and local income taxes, you left wing moron.

Ask your boyfriend to explain it to you.

 

[jc456]

There you have it lefties. You get what you want. With the elimination of State income tax deduction places like New York and California which is where rich folk live, are going to see that perk eliminated.

You support the high state income tax in these states to support your liberal programs, don't expect the rest of the country to give you a pass anymore with state income tax exemption.

-Geaux

Which is why it won't pass. Even Republicans in Blue states want to get re-elected.

Do you think the 14 Republican Congressmen from CA or the 8 Republican congressman from NY are going to vote for increasing taxes on their constituents?

hahahahahahahaha big dogs going down.

 

[Ame®icano]

When I read his plan I thought it was a stroke of genius. The same States in which lobbyists are pushing hard for one payer healthcare but cannot find the money to fund their OWN state healthcare, will not have even less for Sanctuary Cities, anti-Trump funding and general globalist activities, including those with Canada and the Canadian security apparatus. On that note, notice how much less there have been of these activities now that Sessions and the WH were attempting to know where the funding for these anti-American activities was coming from? Want to bet alot of these donations are from foreign "allied" countries?

What does Trump lose in this? Nary a vote. Neither of these states were going to vote GOP regardless of what he did. "The Resistance" didn't do these states any favours did it?

Maybe all the late night talk show hosts can educate their viewers about fiscal management now.

It's time for liberals in New York, California, Illinois, etc. to pay their "fair share".

 

[ColonelAngus]

By allowing deductions for state and local taxes, the Fed is helping subsidize those taxes.

If the deductions are removed, it penalizes the rich just like the Progs wanted.

State on local governments should lower their fucking taxes,

 

[Ame®icano]

Oh the rich will make out fine, if the AMT tax is gone. They have so many more deductions. Tax cut for the rich, and the need to defund Chip, Medicaid, and start attacking Medicare.

But they also will see their state income and property tax exemption eliminated

That sticks them good huh?

-Geaux

Incoming meltdown in three, two, one...

How long before people in high taxing states realize they're paying too much in taxes and start demanding to lower them, only because they don't want to pay it to federal government?

 

[JakeStarkey]

There you have it lefties. You get what you want. With the elimination of State income tax deduction places like New York and California which is where rich folk live, are going to see that perk eliminated.

You support the high state income tax in these states to support your liberal programs, don't expect the rest of the country to give you a pass anymore with state income tax exemption. -Geaux

That makes no sense, Geaux.

 

[Ame®icano]

Eliminating deductions will also slap the middle and upper brackets.....

Considering that only three income brackets were proposed and all have lower rate then previous ones, there is no slap for middle income earners.

 

[JakeStarkey]

Eliminating deductions will also slap the middle and upper brackets.....

Considering that only three income brackets were proposed and all have lower rate then previous ones, there is no slap for middle income earners.

You have no way of knowing if your statement is true until we can see the marked up bill. Lower rates may not offset deduction elimination.

 

[Ame®icano]

There you have it lefties. You get what you want. With the elimination of State income tax deduction places like New York and California which is where rich folk live, are going to see that perk eliminated.

You support the high state income tax in these states to support your liberal programs, don't expect the rest of the country to give you a pass anymore with state income tax exemption.

-Geaux

You are adapting the same standards of the left. It is our money. It is the people's money. No one is subsidizing anyone. It should be on the basis of what is fair. Is it far to tax people on the taxes they pay? Also it is not a credit but a deduction. Also the Trump tax plan is a built in tax increase. Unlike the standard deduction and personal exemption, the new standard exemption is not indexed to inflation. Also if you have a family of 4, you will see a tax increase as the standard deduction is less than the current standard deduction and personal exemption combined.

This is not about getting even. When you take the oath you do not swear to uphold the Constitution for states that voted for you.

How long before leftist meltdown when they realize that their money is also being taxed?

Oh wait....

 

[Moonglow]

Eliminating deductions will also slap the middle and upper brackets.....

Considering that only three income brackets were proposed and all have lower rate then previous ones, there is no slap for middle income earners.

They plan on improving the restructure of the tax code like in the 1970's that proclaimed it was so easy a 4 year old could do it..So I rushed out to find a 4 year old, I couldn't make heads or tails of it...

 

[Penelope]

When I read his plan I thought it was a stroke of genius. The same States in which lobbyists are pushing hard for one payer healthcare but cannot find the money to fund their OWN state healthcare, will not have even less for Sanctuary Cities, anti-Trump funding and general globalist activities, including those with Canada and the Canadian security apparatus. On that note, notice how much less there have been of these activities now that Sessions and the WH were attempting to know where the funding for these anti-American activities was coming from? Want to bet alot of these donations are from foreign "allied" countries?

What does Trump lose in this? Nary a vote. Neither of these states were going to vote GOP regardless of what he did. "The Resistance" didn't do these states any favours did it?

Maybe all the late night talk show hosts can educate their viewers about fiscal management now.

So true. I was thinking how many are fleeing states like California due to many factors. Watch for more migration to states with lower cost of living. No state income tax locations will be all more popular

-Geaux

There you have it lefties. You get what you want. With the elimination of State income tax deduction places like New York and California which is where rich folk live, are going to see that perk eliminated.

You support the high state income tax in these states to support your liberal programs, don't expect the rest of the country to give you a pass anymore with state income tax exemption.

-Geaux

You are adapting the same standards of the left. It is our money. It is the people's money. No one is subsidizing anyone. It should be on the basis of what is fair. Is it far to tax people on the taxes they pay? Also it is not a credit but a deduction. Also the Trump tax plan is a built in tax increase. Unlike the standard deduction and personal exemption, the new standard exemption is not indexed to inflation. Also if you have a family of 4, you will see a tax increase as the standard deduction is less than the current standard deduction and personal exemption combined.

This is not about getting even. When you take the oath you do not swear to uphold the Constitution for states that voted for you.

How long before leftist meltdown when they realize that their money is also being taxed?

Oh wait....

You pay 4.25% in state tax. If you do not like Mi , leave the state and go to Texas. After all you hate taxes.

 

[Ame®icano]

Eliminating deductions will also slap the middle and upper brackets.....

Considering that only three income brackets were proposed and all have lower rate then previous ones, there is no slap for middle income earners.

You have no way of knowing if your statement is true until we can see the marked up bill. Lower rates may not offset deduction elimination.

May not?

So you are telling me I have no way of knowing if my statement is true until there is a bill, just to make a statement that there may not be an offset like you have way of knowing that is true?

Let that sink in...

 

[nat4900]

So true. I was thinking how many are fleeing states like California due to many factors. Watch for more migration to states with lower cost of living. No state income tax locations will be all more popular

How "true"........Wealthy Californians are clamoring to move to Buttfuck, Alabama.

 

[Ame®icano]

When I read his plan I thought it was a stroke of genius. The same States in which lobbyists are pushing hard for one payer healthcare but cannot find the money to fund their OWN state healthcare, will not have even less for Sanctuary Cities, anti-Trump funding and general globalist activities, including those with Canada and the Canadian security apparatus. On that note, notice how much less there have been of these activities now that Sessions and the WH were attempting to know where the funding for these anti-American activities was coming from? Want to bet alot of these donations are from foreign "allied" countries?

What does Trump lose in this? Nary a vote. Neither of these states were going to vote GOP regardless of what he did. "The Resistance" didn't do these states any favours did it?

Maybe all the late night talk show hosts can educate their viewers about fiscal management now.

So true. I was thinking how many are fleeing states like California due to many factors. Watch for more migration to states with lower cost of living. No state income tax locations will be all more popular

-Geaux

There you have it lefties. You get what you want. With the elimination of State income tax deduction places like New York and California which is where rich folk live, are going to see that perk eliminated.

You support the high state income tax in these states to support your liberal programs, don't expect the rest of the country to give you a pass anymore with state income tax exemption.

-Geaux

You are adapting the same standards of the left. It is our money. It is the people's money. No one is subsidizing anyone. It should be on the basis of what is fair. Is it far to tax people on the taxes they pay? Also it is not a credit but a deduction. Also the Trump tax plan is a built in tax increase. Unlike the standard deduction and personal exemption, the new standard exemption is not indexed to inflation. Also if you have a family of 4, you will see a tax increase as the standard deduction is less than the current standard deduction and personal exemption combined.

This is not about getting even. When you take the oath you do not swear to uphold the Constitution for states that voted for you.

How long before leftist meltdown when they realize that their money is also being taxed?

Oh wait....

You pay 4.25% in state tax. If you do not like Mi , leave the state and go to Texas. After all you hate being taxes.

When I see how much are state income taxes in CA or NY, I love MI even more.

Let's say this bill get passed, I have no problem with losing that deduction. In fact, it will prompt me to demand lower taxes in my state. The idea is, I think, to prompt people from high taxing states to do the same.

 

[JakeStarkey]

Eliminating deductions will also slap the middle and upper brackets.....

Considering that only three income brackets were proposed and all have lower rate then previous ones, there is no slap for middle income earners.

You have no way of knowing if your statement is true until we can see the marked up bill. Lower rates may not offset deduction elimination.

May not? So you are telling me I have no way of knowing if my statement is true until there is a bill, just to make a statement that there may not be an offset like you have way of knowing that is true? Let that sink in...

You don't know. You may suspect, but you don't know. Yes, you are right.

 

[Hutch Starskey]

There you have it lefties. You get what you want. With the elimination of State income tax deduction places like New York and California which is where rich folk live, are going to see that perk eliminated.

You support the high state income tax in these states to support your liberal programs, don't expect the rest of the country to give you a pass anymore with state income tax exemption.

-Geaux

Which is why it won't pass. Even Republicans in Blue states want to get re-elected.

Do you think the 14 Republican Congressmen from CA or the 8 Republican congressman from NY are going to vote for increasing taxes on their constituents?

Geaux, always one step forward and three back.

 

[JoeB131]

They are in the minority, but it accomplishes what Democrats want. The rich will pay more

Uh, no, actually, it's going to be a tax that is really going to screw middle class Americans who deduct their state tax on schedule A.

Man, are you fucking stupid.

 

[JoeB131]

You don't know. You may suspect, but you don't know. Yes, you are right.

Welcome back, Jake!