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Joe is going to,raise taxes it’s going to get ugly if you live in any expensive state. Soon California andNew York City will be owned by the homeless
He’s going to lift the SALT caps. That will offset his tax increases.
Not quite. That donut hole on the social security tax is going to hurt. I dont care about the inheritance tax. That is what trusts are for, but between the bracket hike and the SS tax, that is quite a bit more than the salt deduction will make up for.
Just out of curiosity, are you assuming he is going to lift the SALT deduction caps, or did he actually say he was going to do it somewhere?
I know in a general sense, he said he was going to reverse the Trump tax cuts, but I haven't heard anything specifically about the SALT tax.
...and then Californians and New Yorkers will escape the tax hell and turn Texas and Florida blue in 8 years....
Honestly, I dislike these people with greater disdain than Melania Trump is capable of showing. Last month, I spoke to a teacher. He celebrated diversity, etc and told me to vote Democrat. Yet he, himself, has sent his kid to a private school with zero migrants. I can't at this hypocrisy
Joe is going to,raise taxes it’s going to get ugly if you live in any expensive state. Soon California andNew York City will be owned by the homeless
Joe will probably do what they did in the past-force taxpayers in other, lower-state-tax states to pay the taxes of their rich campaign donors in NY, NJ, CA, etc.
Not quite. That donut hole on the social security tax is going to hurt. I dont care about the inheritance tax. That is what trusts are for, but between the bracket hike and the SS tax, that is quite a bit more than the salt deduction will make up for.
Just out of curiosity, are you assuming he is going to lift the SALT deduction caps, or did he actually say he was going to do it somewhere?
I know in a general sense, he said he was going to reverse the Trump tax cuts, but I haven't heard anything specifically about the SALT tax.
There's been nothing definitive unfortunately. I really hope they repeal the cap, especially if they're going to increase taxes on $400k+ income.
Biden’s published tax plan does not include the repeal of the state and local tax (SALT) deduction cap, which is a priority of some leading congressional Democrats, though the Biden campaign has indicated at times that this would be part of the tax package and has more recently suggested that this may be left to the discretion of Congress.
Democrats are like a fungus that branches out and infects whatever they touch.
Successful ideologies edge out the less successful.
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