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Old 04-16-2019, 06:11 PM
 
20,955 posts, read 8,674,856 times
Reputation: 14050

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It's biggest cruelty is to the possibility of a reduced deficit or balanced budget. As to "blue" states, according to all our resident Trumpies, the wealthy people in them are Republicans anyway so screw them all. The various burbs I was from in PA and NJ are Republican run and chock-full of Republicans that make the big bucks. Let 'em pay for their Trump votes. Fine with me.

I don't notice if I pay 1 or 2% more or 1 or 2% less. But hopefully all these Republicans in swing states (PA, for example) do......
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Old 04-16-2019, 06:17 PM
 
4,288 posts, read 2,059,632 times
Reputation: 2815
Quote:
Originally Posted by Grlzrl View Post
This is correct. I have been saying it for almost a year. The market in our area has declined about 20% since 2016.
I live in a high property tax county and that’s what they said after the new law but

“The median home value in Suffolk County is $404,000. Suffolk County home values have gone up 6.2% over the past year and Zillow predicts they will rise 6.8% within the next year.”
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Old 04-16-2019, 06:20 PM
 
20,955 posts, read 8,674,856 times
Reputation: 14050
Foreclosures are going up big time here in Florida - something like 18 to 20% compared to a year ago. But I don't blame that on the new tax law. It's that super amazing Trump economy...the best ever in history. NOT.

Things are not so great out in the real world. The stock market has gone almost nowhere in 15 months now and property values sure are not headed upwards in most markets.
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Old 04-16-2019, 06:30 PM
 
Location: NY/LA
4,663 posts, read 4,549,540 times
Reputation: 4140
Quote:
Originally Posted by 509 View Post
Well, for years I have lived in red states and paid MORE in TAXES so rich folks in California, Illinois, NY, NY, Conn, Mass......paid less due to deductions for state and local taxes

I NEVER made over 80,000 a year in my entire life.....why should I pay so RICH FOLKS get their deductions??
You definitely didn't pay more than us, even before the new tax laws. As a 1% in a blue state, Im pretty sure our effective tax rate and absolute tax liability have been much higher than yours for years.

I don't mind paying higher taxes, if they're going towards the things that I believe help make the country great (ex. education, infrastructure, research, social safety net, etc.), but I don't think they are priorities for this administration.
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Old 04-16-2019, 06:35 PM
 
20,187 posts, read 23,855,247 times
Reputation: 9283
Quote:
Originally Posted by craigiri View Post
Foreclosures are going up big time here in Florida - something like 18 to 20% compared to a year ago. But I don't blame that on the new tax law. It's that super amazing Trump economy...the best ever in history. NOT.

Things are not so great out in the real world. The stock market has gone almost nowhere in 15 months now and property values sure are not headed upwards in most markets.
Really, I am looking for cheap beachfront property... Where in Florida is this... I will pay with the money I made the last 15 months in the stock market....
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Old 04-16-2019, 06:38 PM
 
27,307 posts, read 16,222,978 times
Reputation: 12102
Quote:
Originally Posted by Mr. Zero View Post
You definitely didn't pay more than us, even before the new tax laws. As a 1% in a blue state, Im pretty sure our effective tax rate and absolute tax liability have been much higher than yours for years.

I don't mind paying higher taxes, if they're going towards the things that I believe help make the country great (ex. education, infrastructure, research, social safety net, etc.), but I don't think they are priorities for this administration.
I do mind. It’s my money and to fund some jackass in a blue high tax state irritates me no end.
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Old 04-16-2019, 06:38 PM
 
Location: SE Asia
16,236 posts, read 5,880,554 times
Reputation: 9117
Quote:
Originally Posted by craigiri View Post
It's biggest cruelty is to the possibility of a reduced deficit or balanced budget. As to "blue" states, according to all our resident Trumpies, the wealthy people in them are Republicans anyway so screw them all. The various burbs I was from in PA and NJ are Republican run and chock-full of Republicans that make the big bucks. Let 'em pay for their Trump votes. Fine with me.

I don't notice if I pay 1 or 2% more or 1 or 2% less. But hopefully all these Republicans in swing states (PA, for example) do......
Well I got more back this year so I am good.

Your hard blue states like Jersey, New York, Mass, CA etc. Do tax their people to death so do a lot of blue cities. From income tax to property taxes. Blue staters get what they accept and deserve it. So do Trump supporters for that matter.
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Old 04-16-2019, 06:41 PM
509
 
6,321 posts, read 7,046,591 times
Reputation: 9450
Quote:
Originally Posted by Mr. Zero View Post
You definitely didn't pay more than us, even before the new tax laws.......
NO....I paid MORE so YOU could pay LESS as a 1%!!!

I am tired of helping RICH FOLKS pay less in taxes.
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Old 04-16-2019, 06:57 PM
 
45,582 posts, read 27,187,569 times
Reputation: 23891
Quote:
Originally Posted by craigiri View Post
It's biggest cruelty is to the possibility of a reduced deficit or balanced budget. As to "blue" states, according to all our resident Trumpies, the wealthy people in them are Republicans anyway so screw them all. The various burbs I was from in PA and NJ are Republican run and chock-full of Republicans that make the big bucks. Let 'em pay for their Trump votes. Fine with me.

I don't notice if I pay 1 or 2% more or 1 or 2% less. But hopefully all these Republicans in swing states (PA, for example) do......
Do you have any clue what you are posting? Or did I misunderstand you?

The SALT Tax adjustment actually keeps more money in the government, which would seem to help deficits and debts (if they were actually interested in the debt). Trump increased taxes on the wealthy. I thought that's what many people wanted.
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Old 04-16-2019, 06:59 PM
 
33,316 posts, read 12,527,813 times
Reputation: 14945
Quote:
Originally Posted by max210 View Post
Just because your friend paid doesn't mean he had a higher tax burden. Sounds like he made more money and didn't adjust accordingly from the previous year. They really need to have their tax guy explain things better to them.



And yet CA is ranked one of the lowest in education and infrastructure. Riddle me that with your fiddlestick.

Not the feds fault that they aren't subsidizing your states high tax and COL.
She sounds like someone who lives in CA , but that poster (EDnurse) lives in Phoenix, AZ
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