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

[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.

We have no idea at what income levels these rates take effect at so you cannot say that. The new standard deduction is not indexed to inflation and if you have more than 3 people, you are getting less than the current standard deduction and personal exemption combined.

"We have no idea"...

Except you, only you have an idea.

 

[JoeB131]

As opposed to Democrats in red states always voting that way?

again, I can't imagine anyone telling people they can't take a deduction they've always been entitled liking this.

But by all means, try to pay for your tax cuts for the rich on the backs of working class folks, see how well that works out for you.

 

[gipper]

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

Welcome back, Jake!

Where has he been Joey? WTF!

I thought for sure the Alt-Right had him tied up and ball gagged for gay porn.

I can't tell you how relieved I am he is okay...but he could have at least been considerate enough to let me know.

 

[my2¢]

The elimination of the property tax deduction would hit me a harder than the state's income tax. Generally states find a way to nail you one way or the other. It is the states with high taxes across the board that would suffer the most.

2017 Tax Burden by State

 

[JoeB131]

The elimination of the property tax deduction would hit me a harder than the state's income tax. Generally states find a way to nail you one way or the other. It is the states with high taxes across the board that would suffer the most.

again, those deductions benefit the working class more than the rich. So once again, we have the Republicans sticking it to the working class to pay for tax breaks for the wealthy.

Why is this a good idea again?