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Old 06-18-2019, 06:05 PM
 
24,599 posts, read 10,033,400 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, 07:22 PM
 
36,354 posts, read 19,657,923 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, 07:29 PM
 
35,468 posts, read 18,831,264 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, 07:32 PM
 
1,638 posts, read 818,214 times
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Excellent.

Pay your fair share!
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Old 06-18-2019, 07:35 PM
 
24,599 posts, read 10,033,400 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, 07:37 PM
 
36,354 posts, read 19,657,923 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, 07:40 PM
 
24,599 posts, read 10,033,400 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, 10:14 PM
 
13,820 posts, read 3,670,014 times
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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, 10:24 PM
 
Location: San Francisco, CA
15,096 posts, read 12,059,074 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, 07:43 AM
 
41,823 posts, read 45,010,326 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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