Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $22,936
28%  
Woo hoo!! And we're now over 28%!! Thank you all very much!! God bless.

Keyword: saltdeductions

Brevity: Headers | « Text »
  • You Won’t Believe What Tax Reform Will Cost Wealthy Californians In 2019

    04/18/2018 1:52:05 PM PDT · by SeekAndFind · 73 replies
    Hotair ^ | 04/18/2018 | Ed Morrissey
    Lots of people just talk about soaking the rich, but Donald Trump and the GOP actually did it — in California, anyway, although they won’t be alone. The controversial phase-out of the state and local tax deduction (SALT) will drop like a bombshell on high-tax-rate blue states, which is one reason why Democrats so staunchly opposed it. According to an analysis from California’s Franchise Tax Board, the Golden State will be Ground Zero: President Donald Trump’s tax cuts will be anything but for about 1 million California taxpayers who will owe Uncle Sam more money a year from now.They’re...