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Services will be cut. Mark my words. Less for the disabled. Less for the elderly. People are just trying to play obtuse on purpose and actually fantasize that an Ayn Rand society is beneficial for Joe Sixpack. Mark my words, this assault on states' ability to raise revenue will cause a backlash as the calls for a stronger federal public safety net will increase. There is only so much callous oligarchy that people will accept.
You still haven't explained how it will affect revenues if rates are unchanged.
And how do states with no state taxes manage to provide any public services at all?
I used to live in Texas, their roads and police forces etc were pretty good as I recall.
You used to live in Texas? A state with massive oil revenue (of course they have state taxes, to not have any taxes is absurd), yet people who make more than $200 a month, even with children, still cant get Medicaid. Two hundred bucks a month. How crazy is that? Thats as callous as it gets and we can only imagine how much pain, suffering and death this causes.
Maybe rich people in the high-tax states are paying their "fair share" to their states and would like to keep it that way?
And that won't change unless states lower their rates.
Or the rich people move away.......
Which is what Conservatives have been trying to tell you is what happens when you tax people disproportionately.
But now that the rich in Blue States can't pass the buck by deducting their SALT from federal, maybe you're afraid that we've actually been right about that all along?
are you saying rents WONT increase if the tax cuts don't go into effect???
fact is if property taxes were to go down, rents would go down, since 80% of rents is to cover mortgage costs and property taxes
The tax cuts will exacerbate and accelerate the rent increases.
And, no, rents won't go down if property taxes go down, because there is a large and growing shortage of housing affordable to minimum wage workers. (Why do you think millions of millennials are living with parents?) This shortage will persist for the foreseeable future, as there is enough pent-up rental demand (those blasted millennials) to last for years and years.
More work will be done under the table and off the books.
Well if you take the same attitude about that that the Left takes about illegal aliens working under the table, it shouldn't be enough to make a difference......
And that won't change unless states lower their rates.
Or the rich people move away.......
Which is what Conservatives have been trying to tell you is what happens when you tax people disproportionately.
But now that the rich in Blue States can't pass the buck by deducting their SALT from federal, maybe you're afraid that we've actually been right about that all along?
Hmmmmm.
Only a minority of rich people will move away, but their 'dollar votes' will lead to lower rates so the revenue loss will be two-pronged.
Looks like poor people should start looking for other countries to move to - if that is at all an option.
Well if you take the same attitude about that that the Left takes about illegal aliens working under the table, it shouldn't be enough to make a difference......
West Virginia should declare itself a Sanctuary tax state that prevents the US from accessing citizens there that refuse to pay federal income taxes....no difference of import.
More work will be done under the table and off the books.
which is illegal....by working off the books you(and the employer) are stealing from the governments, both federal and state, and not contributing to SS
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