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They SHOULD be paying closer to their fair share of the federal income tax. Formerly, their high state tax deductions let them duck paying federal income tax on those amounts, disproportionately so as compared to those who live in lower tax states who didn't get such a high deduction.
They didn’t get a high deduction because they didn’t have the high incomes of those blue states.
I don't care whether or not your link disagrees with your examples and/or your spin. I only care if it agreed with what I said earlier, which it does.
You can buy a $10 million home in Florida, and guess what? Your property tax bill is going to be a whopper, as it would be pretty much anywhere because the house is so expensive.
A $700K townhouse in Las Olas area in Ft Lauderdale will cost you $11K in property taxes. High millage rate. Ouch!
That's nothing. My tax bill for my home in IL was $19,000+/year, and my house was relatively inexpensive for the area. Another homeowner across the street and 4 houses north paid $35,000/year in real estate tax.
In one way or another, that's pretty much the situation.....
I was in a business segment for 20 years...that you would have thought, by its nature, would have been very progressive and liberal...and it was, at the start.
As some of the regular folks (we all started out that way) did well, I would hear more and more "conservative" rumblings, although my world view never changed a lick. After two decades many of these former "hippies" were bona-fide "conservatives" complete with reddish face and bellies hanging over their belts (beer and beef and lack of exercise). They cheered going to war in Iraq ( I remember arguing with all of them) and started repeating all the "right" talking points.
None of these talking points involved "hey, I see myself as a more moral human being so I am going Right" - rather they all had to do with "I perceive more money in my pocket"...
So, yes, it may be a generalization but they are held together by selfishness...and fear. IMHO, of course.
That's what amazes me about threads like this. Gory details about who saved what and only a very few noting that it was all borrowed...at a time when we were finally getting on track.
That's a mischaracterization of conservatives. Those with the highest obesity rates are Blacks, food stamp recipients, and Hispanics, all of which overwhelmingly vote Dem.
The personal exemption was removed. This means it doesn't make sense for many people to itemize even when they used to itemize. Those that do itemize will no longer have the $4050/per person exemption. This means a couple with 1 child would lose the $12,150 personal exemptions that they previously had. They used to include that $12,150 deduction with their mortgage interest, property tax and state tax when they itemized. Ouch, even for low tax states.
Losing the personal exemption is a major hit for anyone that itemizes, forcing them to choose the standard deduction over itemizing. In other words, many will no longer deduct their mortgage interest or property taxes, regardless what state they live in.
"his means a couple with 1 child would lose the $12,150 personal exemptions", BUT the child deduction was DOUBLED.
It is EASY to sherry pick and leave out THE REST of what the new law does.
Most of the people getting screwed are in states that didn't vote for him. So if he loses NY by 20% more than he did, and loses the popular vote by 8 million instead of 3 million like he did..he can still win.
This was a calculated F-you to blue states, and tough luck to you if you live there and supported him.
" and tough luck to you if you live there and supported him."
It is tough "luck" to live in a high taxes LOCAL blue state with its ridiculous high taxes.
There is NO reason why thre rest of us should pony up MORE money because those in high taxed states get a "deductions" because of those high taxes.
You want to live there, YOU pay your taxes.
Don't like it, petition YOUR local officials to lower YOUR taxes.
Typical of a lot of dems though. They continually call for MORE "FREE" stuff but when it comes time to PAY for it. NO WAY, NOT ME, I'M NOT GOING TO PAY MORE FOR WHAT I WANT"
That's a mischaracterization of conservatives. Those with the highest obesity rates are Blacks, food stamp recipients, and Hispanics, all of which overwhelmingly vote Dem.
Rural areas(aka conservative) have higher obesity rates than urban areas (though rural areas in the NW aren't as obese).
That's a mischaracterization of conservatives. Those with the highest obesity rates are Blacks, food stamp recipients, and Hispanics, all of which overwhelmingly vote Dem.
You just let butter knife completely distract you from the topic with a mindless stereotype.
CDC: More obesity in U.S. rural counties than in urban counties
You need to look at the demographics, not just the location. It's a matter of fact that Blacks get food stamps at a rate of more than 2 to 1 compared to Whites. Many Blacks live in rural areas, especially in the south. And Blacks overwhelmingly vote Dem.
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