Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Libloather

There are people in EVERY state being hurt by the SALT cap.


9 posted on 02/11/2019 6:47:39 PM PST by Mariner (War Criminal #18)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Mariner

Bull. Lies. Not here in TN for the vast majority. Our low state sales tax and no income tax makes that deduction useless with the large federal standard deduction.


27 posted on 02/11/2019 7:49:10 PM PST by Fledermaus (Republicans - GROW A PAIR)
[ Post Reply | Private Reply | To 9 | View Replies ]

To: Mariner

In the same way, there are many people here in NJ who are not hurt by it (because the new standard deduction is so much higher). People are assuming, and the “news” is reinforcing, that anyone with taxes over $10K is being hurt by the new tax law. If married couples can deduct $24,000 right off the bat, then they can have property taxes of $12,000, state income taxes of $7,000, and still come out ahead (without itemizing).

A lot of deception here.


39 posted on 02/12/2019 3:53:32 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson