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Old 04-16-2019, 05:53 PM
 
Location: Clyde Hill, WA
6,061 posts, read 2,010,275 times
Reputation: 2167

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Let's not forget who was the architect for Trump: Gary Cohn, former Goldman-Sachs exec, Hillary supporter, and a life-long registered Democrat from NYC.

Cohn actually wanted to resign after the Charlottesville dustup, but Trump persuaded him to stay on until tax reform was done, as he was the architect. He did so, then resigned soon after that.
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Old 04-16-2019, 05:55 PM
 
27,307 posts, read 16,222,978 times
Reputation: 12102
Quote:
Originally Posted by slo1318 View Post
Blue states love taxes, they're fine
Then they are brain dead.
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Old 04-16-2019, 05:57 PM
 
Location: The 719
18,015 posts, read 27,463,514 times
Reputation: 17332
Quote:
Originally Posted by rebeldor View Post
All taxation is armed robbery.
You really don't seem to lime taxation. We don't necessarily love it neither.

I wish I was a trust fund baby with hot and cold running women.
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Old 04-16-2019, 05:58 PM
 
Location: DFW
40,951 posts, read 49,189,517 times
Reputation: 55008
Quote:
Originally Posted by slo1318 View Post
Blue states love taxes, they're fine
It's like Sanctuary cities and not wanting any illegals...

They love to say they do until they have to actually pay more. Than not so much.

They should be happy, more illegals and higher taxes.
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Old 04-16-2019, 05:58 PM
 
59,040 posts, read 27,306,837 times
Reputation: 14281
Quote:
Originally Posted by Hopelesscause View Post
I admit that the new tax law did affect me badly in some ways, but nothing compared to the way that it did my friends in California. My best friend didn’t even want to talk about it when I asked him. He said that it was the FIRST time that he ever OWED $ back. It seems to me that it hit them like a sudden earthquake. Then, I recalled the way that Reagan instituted his Tax Reform back in 1986. I was only in my 20s then, but remember that the estate tax was raised GRADUALLY from $600,000 to higher amounts over time. The credit card debt went from a 100% deduction GRADUALLY to lower deductible percentages each year. Bottom line, it gave taxpayers some time to prepare! The way in which these tax increases were rolled out seems too sudden and like simple retribution. No matter what, we are all still Americans whether we live in a blue or red state. I think that Reagan understood that regardless of his other faults.

In addition, I understand that the $10000 SALT limit will NOT increase with inflation (home price appreciation and tax increases). That also puts an additional TAX INCREASE over time for those ppl.

"Inst the new Trump tax law is excessively cruel to Blue states?"

NO! It is the HIGH LOCAL TAXES that are is excessively cruel to Blue states.

You want to change things, then get the LOCAL politicians to LOWER the very HIGH property taxes.


Trump has nothing to do with them.
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Old 04-16-2019, 05:59 PM
 
59,040 posts, read 27,306,837 times
Reputation: 14281
Quote:
Originally Posted by workingclasshero View Post
the 10k limit on the salt taxes is a reasonable limit (sure they could have made it 15k)


my property tax (as a New Yorker) is 13k..I still can write off 10k of that

Heck, MD had a "rain" tax.
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Old 04-16-2019, 06:01 PM
 
59,040 posts, read 27,306,837 times
Reputation: 14281
Quote:
Originally Posted by rebeldor View Post
All taxation is armed robbery.

I'd bet you just copy and paste this so you wont have to type ALL the times you use it in almost every thread!
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Old 04-16-2019, 06:04 PM
 
33,316 posts, read 12,522,497 times
Reputation: 14945
Quote:
Originally Posted by EDnurse View Post
No.

If a couple’s deductions don’t go over 24K, you can’t deduct interest and taxes. What’s the point of owning a house then?
^^^^^ May encourage some people to 'manipulate the system a bit' by buying a house together, but not getting married.
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Old 04-16-2019, 06:05 PM
 
41,813 posts, read 51,051,710 times
Reputation: 17864
Quote:
Originally Posted by ohhwanderlust View Post
If anything, conservatives should clamour for lower federal taxes for states that take the reins, as a way to encourage what the founding fathers intended - shifting to self-governing states rather than a monolith federal government.

Bahahahaha, if you are going to support lowering federal taxes I'm all aboard but that has to be done across the board.



Your state can take the reins increasing state taxes all it wants.
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Old 04-16-2019, 06:06 PM
 
34,053 posts, read 17,064,521 times
Reputation: 17212
Quote:
Originally Posted by stburr91 View Post
Yes, the OP is blaming the wrong government officials.

The blue states are the ones taxing their constituents to death, not the federal government.
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