this post was submitted on 04 Dec 2023
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I don't blame them. People can't afford Bidenomics. I see people complaining all the time but elections have consequences.

I make a lot of money, so I am weathering it just fine. I am just not able to save as much as I would like.

As I said previously, I am not a fan of Trump but groceries were much cheaper under Trump. The cost of items was cheaper under Trump.

I can't think of any way my life was worse under Trump.

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[–] [email protected] 3 points 11 months ago (1 children)

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.

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?

Trump put a limit of 10K of SALT.

Yes! As a result, my Federal income tax liability fucking increased!

How are you still so completely confused, here?

[–] [email protected] -3 points 11 months ago (1 children)

Yes, it’s the Federal deduction of state income tax paid. No, that isn't correct.The cite I gave you explains it. Income tax is just one portion of it.

What are you still confused about, 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.

Yes! As a result, my Federal income tax liability fucking increased!

As it should have. You should be happy to pay more taxes.

[–] [email protected] 3 points 11 months ago* (last edited 11 months ago) (1 children)

I am not the one confused.

You're incredibly confused. You believe I'm talking about property tax, but I'm talking about income tax.

As it should have.

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.)

You should be happy to pay more taxes.

No, I vote for candidates who lower my taxes, so that I have more money.

[–] [email protected] -3 points 11 months ago (1 children)

SALT is SALT.

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.)

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.

No, I vote for candidates who lower my taxes, so that I have more money.

You don't vote Republican.

[–] [email protected] 2 points 11 months ago (1 children)

If you choose to live in a high tax state, that is your choice.

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.

You don't vote Republican.

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?

[–] [email protected] -3 points 11 months ago (1 children)

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.

What state do you think operates primarily from grants? I am not aware of any.

Oh, but you probably live in Florida

Look at my name. I live in Oregon. It's not that hard to figure out.

[–] [email protected] 2 points 11 months ago (1 children)

What state do you think operates primarily from grants?

Did I say "primarily"? You keep responding to points you're imagining.

I live in Oregon.

I mean, I'm not actually a frog.

[–] [email protected] -3 points 11 months ago (1 children)

If you choose to live in a state that receives a substantial portion of its operating funds from Federal grants

then what did you mean by this statement? What do you call substantial ?

I mean, I’m not actually a frog.

The jury is still out on that.

[–] [email protected] 2 points 11 months ago (1 children)

then what did you mean by this statement? What do you call substantial ?

"More than insubstantial." Does plain English just puzzle you, or something?

[–] [email protected] -3 points 11 months ago (1 children)

It’s a vague word. As I tell my kid. Use your words

[–] [email protected] 2 points 11 months ago

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.