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Thats fantasy. I repeat; NO state can have a radically different tax burden than any other state. There is a reason why not a single state, no matter how progressive, provides healthcare as a right for example. Its a race to the bottom. Thats why SALT is being attacked. To prevent states from raising the needed revenue. Then they hope that demonizing the federal government through massive corporate propaganda would be enough to stop any increases in taxes that can raise the revenue needed for the disabled and the elderly. I think you guys have underestimated the will of the people this time. There is a limit to how much oligarchy, despair and extreme inequality people are willing to accept. Calls for a stronger federal response to these callous attacks on the vulnerable will be much stronger than you expect.
If you're saying that no state can have a radically different tax burden than any other then you haven't been paying attention for, oh, the last couple hundred years or so. That's been the case since at least the income tax was adopted if not before when taxes were levied in gallons of whiskey or heads of tobacco.
Or is this a thinly veiled attempt to slow down the exodus of people from states like California and New York to lower taxed ones?
Hell, high taxes in Maryland are almost a policy to drive retirees out so they can be replaced by younger people who are working.
And those states that you hate so much will continue to subsidize the low tax red states, ain't life grand?
All federal "giveback" schemes run counter to proper federalism. I am fine with ending them all, believe me. That said, you have to start somewhere, and the capping of the SALT deduction discourages big state governments that are subsidized by federal givebacks.
People in big government, high tax states will soon have a more realistic view of their state's tax appetite, which should hopefully make more citizens (individual and corporate) question how much government they really need, how much it should cost, etc. And neighboring states with lower taxes and friendlier policies will be more attractive, and everyone will eventually benefit from competition.
Yeah, sucks for the super ridiculous CA, NY, NJ, IL state and local governments who tax the crap out of everyone and then let the federal government provide relief, but when Republicans rule the roost, deep blue states that haven't gone GOP since Reagan 84 are not exactly on the top of the concern list. This is one of the downsides to becoming a devout stronghold for either party - eventually, your party won't have the power and the other party that you never ever give votes to won't really worry so much about any negative effects you may suffer under their policies.
Exactly. That was my point. We at least capped the SALT break that homeowners have vs renters, but it should be done away with all together, and all income tax rates lowered.
Ok but what if... the bill had capped charitable contributions to $1000 a year? Many church people tithe 10% of their income. That change in the tax code would ensure that states with a large number of church goers aren't treated differently than a state with less religiosity. Would you support that too?
As long as you applying taxes equally I have no problem with that but realize that will have an effect on a huge amount of charities/non profits. Soup kitchens, Boys/Girls Scouts, environmental groups, Colleges/Universities, on and on. The question really is do you want to tax contributions to all of those groups?
Because they subsidize high-tax states at the expense of low-tax states.
No. That's not factual. SALT deductions don't raise revenue for states, they decrease revenue for the feds.
Sorry, that logic doesn't add up to me.
Eliminating SALT just increases the federal tax burden of certain households. That doesn't "attack the disabled, eldery, poor, and destitute."
I think reason is powerless here. PCALMike doesn't want to pay his fair share of federal taxes and wants the rest of us to subsidise him. Not sure you'll change that. Gimmegimmegimme
No they can not. Thats precisely why SALT is being attacked by the ruling donor class that push for this tax bill. They of course know that we live in a country with free movement of people. If a state has a radically different safety net for the disabled, the elderly etc, then its not going to cost more in taxes. People who dont need support right now can move to a tax haven. And then disaster strikes and they can pack up and move to a compassionate state? Thats not possible. A tax haven within a country is a freeloader state. Depending on other states to educate people and kicking out the disabled, the elderly and the destitute.
No they can not. Thats precisely why SALT is being attacked by the ruling donor class that push for this tax bill. They of course know that we live in a country with free movement of people. If a state has a radically different safety net for the disabled, the elderly etc, then its not going to cost more in taxes. People who dont need support right now can move to a tax haven. And then disaster strikes and they can pack up and move to a compassionate state? Thats not possible. A tax haven within a country is a freeloader state. Depending on other states to educate people and kicking out the disabled, the elderly and the destitute.
You do realize that many states are considered "tax havens"? Even a usually Blue one like Pennsylvania that doesn't tax retired pay and has a relatively low state income tax rate of 3.2%.
Cost of living varies among states, and states cannot legislate their cost of living.
If you wish to live in high tax state with a high COL that is your choice.
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