U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-22-2019, 07:47 PM
 
507 posts, read 299,989 times
Reputation: 996

Advertisements

Question: What do you think would happen if Trump ran in 2020 on a platform of further lowering taxes by restoring the SALT deduction? This would effectively be a tax cut aimed almost exclusively at wealthy people in high tax states like California, NY, Illinois, etc. These are reliably Democrat voting states. Do you think it could make these states competitive, or are voters in those states so strongly Democrat voting that they would vote against their financial self interest?

BTW, so far as I know, Trump has not suggested anything like this. Though I mean this as a serious question. Please do not let this thread devolve into a Trump love/hate fest.
Reply With Quote Quick reply to this message

 
Old 05-22-2019, 07:57 PM
 
11,922 posts, read 5,662,817 times
Reputation: 6938
All information is that the Democrats want the SALT deduction back - President Trump is not going to run on "Tax breaks for the Wealthy" - that is the Dem Platform.

Why should the people who don't live in these Blue States with High State Income Tax subsidize them? The people in those States will eventually force the High Income Tax States to reform.
Reply With Quote Quick reply to this message
 
Old 05-22-2019, 07:58 PM
 
3,162 posts, read 1,198,275 times
Reputation: 6188
what i think is: that will not happen.
Reply With Quote Quick reply to this message
 
Old 05-22-2019, 09:25 PM
 
1,093 posts, read 566,068 times
Reputation: 978
I don't think he will run on restoring SALT...

A better proposal is to remove to reduce the $10k cap to $0k so everyone pays their fair share. The SALT cap of $10k disproportionately places the tax burden on states with higher COL. Anyone who think it doesn't impact the middle class more than the rich is extremely ignorant of basic economics.

The democratic platform will probably be the opposite... to increase or eliminate the cap (like before) in order to help the middle class in high COL states. This might hurt them as people want to see everyone pay their own share.
Reply With Quote Quick reply to this message
 
Old 05-22-2019, 09:38 PM
 
Location: San Francisco, CA
13,909 posts, read 10,871,393 times
Reputation: 12659
Quote:
Originally Posted by Kibby View Post
All information is that the Democrats want the SALT deduction back - President Trump is not going to run on "Tax breaks for the Wealthy" - that is the Dem Platform.

Why should the people who don't live in these Blue States with High State Income Tax subsidize them? The people in those States will eventually force the High Income Tax States to reform.
You have it backwards. On net, it's the high-tax urban blue staters who are subsidizing the rural Trump country. And that's on Fee tax basis. Put it to you this way: middle America taxes in places like Jansas went down; my Fed taxes went up a bit. That's because the design was to give middle Anerica a tax break by having coastal liberals subsidize it.

Last edited by ambient; 05-22-2019 at 09:46 PM..
Reply With Quote Quick reply to this message
 
Old 05-22-2019, 09:41 PM
 
1,679 posts, read 575,936 times
Reputation: 1291
The upper middle class is increasingly a Democrat constituency. There is no point in Republicans appealing to them.

And voting Democrat is indeed against the financial interests of the upper middle class, but many see it as the price to be paid for living where they prefer, and others still see progressive ideology as a luxury good, something expensive to flaunt. Not that they are consciously flaunting the cost of the ideology (although a house in a pricey liberal ZIP is a good proxy), but rather they want to project an image of being a "right-thinking" person.

No different than the upper middle class joining a country club and an Episcopal Church 50 years ago for status reasons, when Republicans represented the establishment.
Reply With Quote Quick reply to this message
 
Old 05-22-2019, 11:29 PM
 
4,194 posts, read 818,572 times
Reputation: 1825
If you got nagged by a fan of SALT, do we call that assault?
Reply With Quote Quick reply to this message
 
Old 05-23-2019, 04:12 AM
 
Location: Washington State
18,189 posts, read 9,435,921 times
Reputation: 15504
Quote:
Originally Posted by sprez33 View Post
Question: What do you think would happen if Trump ran in 2020 on a platform of further lowering taxes by restoring the SALT deduction? This would effectively be a tax cut aimed almost exclusively at wealthy people in high tax states like California, NY, Illinois, etc. These are reliably Democrat voting states. Do you think it could make these states competitive, or are voters in those states so strongly Democrat voting that they would vote against their financial self interest?

BTW, so far as I know, Trump has not suggested anything like this. Though I mean this as a serious question. Please do not let this thread devolve into a Trump love/hate fest.
No, those states aren't voting Republican no matter what Trump did or promised. Trump just needs to hold the states he won last time and maybe pick up a few that were close for insurance purposes.
Reply With Quote Quick reply to this message
 
Old 05-23-2019, 06:05 AM
 
51,636 posts, read 41,596,877 times
Reputation: 32257
Quote:
Originally Posted by Tall Traveler View Post
No, those states aren't voting Republican no matter what Trump did or promised. Trump just needs to hold the states he won last time and maybe pick up a few that were close for insurance purposes.
Whoa, whoa, whoa....that's unfair using actual strategy in a presidential election!

You're supposed to just run around willy nilly and when you lose you complain about how winning is determined like a 2nd grader at recess.
Reply With Quote Quick reply to this message
 
Old 05-23-2019, 06:11 AM
Status: "No plan is a plan for failure" (set 6 days ago)
 
Location: Florida/Tennessee
2,232 posts, read 4,273,499 times
Reputation: 1139
I think there are some questions that are rhetorical.

Ain't gonna happen.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top