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Old 06-18-2019, 05:05 PM
 
34,054 posts, read 17,071,203 times
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https://www.cbia.com/news/small-busi...ules-salt-cap/

Knew they would, as they should.
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Old 06-18-2019, 06:22 PM
 
45,226 posts, read 26,443,162 times
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Tell us why the IRS taking more of the peoples money is a good thing again? Oh and let me guess, you identify as a republican
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Old 06-18-2019, 06:29 PM
 
45,582 posts, read 27,187,569 times
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Quote:
Originally Posted by Frank DeForrest View Post
Tell us why the IRS taking more of the peoples money is a good thing again? Oh and let me guess, you identify as a republican
In this case... because it exposes the bite of certain states with high taxes, instead of allowing the government to subsidize their taxes.
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Old 06-18-2019, 06:32 PM
 
1,660 posts, read 1,210,268 times
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Excellent.

Pay your fair share!
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Old 06-18-2019, 06:35 PM
 
34,054 posts, read 17,071,203 times
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Quote:
Originally Posted by Frank DeForrest View Post
Tell us why the IRS taking more of the peoples money is a good thing again? Oh and let me guess, you identify as a republican
Not taking more, but insuring ruses are not allowed to circumvent following the law as written.
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Old 06-18-2019, 06:37 PM
 
45,226 posts, read 26,443,162 times
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Originally Posted by DonaldJTrump View Post
Excellent.

Pay your fair share!
What is a fair share? The IRS code is almost 75,000 pages long.
Anyway, theft is theft.
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Old 06-18-2019, 06:40 PM
 
34,054 posts, read 17,071,203 times
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Any SALT in excess of 10k, is theft, on the part of the state or city.
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Old 06-18-2019, 09:14 PM
 
30,166 posts, read 11,795,579 times
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Quote:
Originally Posted by BobNJ1960 View Post
Any SALT in excess of 10k, is theft, on the part of the state or city.
I guess if the thieves are the IRS, that is ok?
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Old 06-18-2019, 09:24 PM
 
Location: San Francisco, CA
15,088 posts, read 13,450,610 times
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Quote:
Originally Posted by BobNJ1960 View Post
Any SALT in excess of 10k, is theft, on the part of the state or city.
There are probably many deductions and favorable statues that don't bother you so much when you get the benefit.

At any rate, only reason conservatives like this is because it makes those bad liberals on the coasts pay more while middle America conservatives pay less. Purely partisan stuff.

In case you're wondering if I pay my "fair share," I paid north of $150K in Fed taxes last year on about $500K. You're welcome.
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Old 06-19-2019, 06:43 AM
 
41,813 posts, read 51,051,710 times
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Originally Posted by ambient View Post
At any rate, only reason conservatives like this is because it makes those bad liberals on the coasts pay more while middle America conservatives pay less. Purely partisan stuff.

If you are affected by the change in the tax code you will now be paying exactly the same as anyone else in federal taxes with the same income profile which is the way it always should of been. Liberals will be affected the most because they live in a high tax state. If they find this burdensome they can address their concerns to their state legislators because that is where they are being taxed more.
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