Conservative
A place to discuss pro-conservative stuff
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Were part of personal property tax that I have cited twice now do you not understand?
What don't you understand? I'm talking about income tax.
SALT is tied back to income taxes and deductions. If you don't understand taxes, then ask questions instead of pretending and just looking foolish. Claiming property taxes are not part of SALT is easily disprovable and was a huge debate when it happened.
Previously you got to deduct as much property tax as you had. In a blue state that can be significant because they just can't stop taxing you.
Trump put a limit of 10K of SALT. While income tax is part of SALT it isn't everything. The property tax is what caused a significant tax increase for the rich.
I have now determined you don't have an expensive home or have much income, otherwise you would have instantly known what I was talking about since it was all over the news and people in blue states were angry as hell.
SALT shouldn't even be a deduction on federal taxes. You need to pay both groups. Otherwise it gives blue states the ability to dodge federal taxes.
Yes, it's the Federal deduction of state income tax paid. Trump placed a cap on this deduction that hugely raised my fucking taxes.
What are you still confused about, here?
Yes! As a result, my Federal income tax liability fucking increased!
How are you still so completely confused, here?
I am not the one confused. Even through I have cited it twice, you still can't grasp it's more than income tax. How about you cite where it's only income tax.
As it should have. You should be happy to pay more taxes.
You're incredibly confused. You believe I'm talking about property tax, but I'm talking about income tax.
No, it shouldn't have. A US state shouldn't be permitted to tax the same income twice. Each jurisdiction justly gets one bite of the apple; deduction of state taxes prevents the state from biting twice (once when you pay them, and again when they receive Federal grants.)
No, I vote for candidates who lower my taxes, so that I have more money.
SALT is SALT.
I disagree. If you choose to live in a high tax state, that is your choice. It shouldn't impact the funding of the federal government. This was always a bad decision.
You don't vote Republican.
If you choose to live in a state that receives a substantial portion of its operating funds from Federal grants, that's your choice. It's not my obligation to fund your lifestyle through double state taxation.
I'd favor an end to SALT deductions if we also ended all Federal grants to states. Agree? Oh, but you probably live in Florida, a state funded largely by placing a burden on all other Americans.
I do and have. But why would I continue to, when they raised my taxes and insist on lionizing incompetent losers like Trump? Joe Biden wins. Why wouldn't I follow the winner?
What state do you think operates primarily from grants? I am not aware of any.
Look at my name. I live in Oregon. It's not that hard to figure out.
Did I say "primarily"? You keep responding to points you're imagining.
I mean, I'm not actually a frog.
then what did you mean by this statement? What do you call substantial ?
The jury is still out on that.
"More than insubstantial." Does plain English just puzzle you, or something?
It’s a vague word. As I tell my kid. Use your words
There's 50 US states that each receive a different portion of their operating budgets from Federal grants. I'm not going to be able to comprehensively describe the distribution of grant funding in a single phrase in one sentence. If you're interested in this topic you're free to do your own homework.