tag:blogger.com,1999:blog-3758330678390419129.post4001626329245819473..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: BASTARDS: State and Local Tax Deductions to be Eliminated in Tax ReformRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3758330678390419129.post-35642507677963922602017-11-01T10:08:10.491-04:002017-11-01T10:08:10.491-04:00Some of those "well-run red states" have...Some of those "well-run red states" have high income tax rates. For instance, South Carolina and its 7% income tax. <br /><br />Remember you have a choice between deducting local sales tax and state income tax, not both. Real Estate taxes are deductible. It's not how well run a state is but how it has decided to tax people that matters.<br /><br />Furthermore the reason the blue Jimmy Joe Meekerhttps://www.blogger.com/profile/09559104650594440766noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-9702338761028404202017-10-31T23:18:53.487-04:002017-10-31T23:18:53.487-04:00This change is welcome. Federal taxpayers in well...This change is welcome. Federal taxpayers in well-run red states, with low or no local taxes, will no longer be subsidizing the parasitical local tax rates - feeding bloated local government, in poorly-managed, deep blue states. Anonymoushttps://www.blogger.com/profile/05423905673202582953noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-46893068307947949822017-10-31T21:27:30.178-04:002017-10-31T21:27:30.178-04:00Please, Mr. Trump! We can't take so much winni...Please, Mr. Trump! We can't take so much winning! OldMexicanhttps://www.blogger.com/profile/16111465436836633221noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-5290048728806502882017-10-31T19:19:20.347-04:002017-10-31T19:19:20.347-04:00I hope what you are saying turns out to be true.
...I hope what you are saying turns out to be true. <br /><br />Any good examples of movements succeeding in lowering state-wide or even just city-wide taxes recently? Anywhere? Maybe this will help...in a God Emperor of Dune sorta way :/Randy Rosaleshttps://www.blogger.com/profile/06728194631572654271noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-41128906279225877572017-10-31T16:47:40.069-04:002017-10-31T16:47:40.069-04:00As a Rothbardian I support every deduction and tax...As a Rothbardian I support every deduction and tax reduction, but there is some benefit from the elimination of state/local tax deductions. It will put political pressure on high tax states to lower taxes - especially coastal states like CA, NY, NJ - because their high taxes will no longer be partially offset by the federal deduction.Tom Bernhardthttps://www.blogger.com/profile/18274581933972838536noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-67905414915891508812017-10-31T14:40:35.043-04:002017-10-31T14:40:35.043-04:00Hopefully we can get some sports stars in high tax...Hopefully we can get some sports stars in high tax states to protest the Federal Anthem before games over this as well. Or every super team should be in a no income tax state; vote with free agency.Veterans for Peace Indianapolishttps://www.blogger.com/profile/15927156876347502654noreply@blogger.com