[Regulator]

That’s crap.

The principle is you don’t tax taxes.

NO ONE in the Republican Party ever talked about this until a few months ago when they started pushing the subsidy line.

It IS NOT why we elected Trump.

That was about immigration and trade. Not Leftist redistribution crap like eliminating the deductibility of taxes.

Up until the mid-80’s ALL interest was deductible: the principle being that interest was income to someone and no double taxation should take place. They eliminated that and increased the standard deduction to try to cover it, but it was always just a scam to raise taxes.

And that’s all this is.

[cherry]

thx....so very true.....this whole thing is a absurd...

[867V309]

The principle is you don’t tax taxes.

Up until the mid-80’s ALL interest was deductible:

so what's your beef, taxes or interest or both? big difference.

we HATE subsidizing high tax (blue) states who give our hard earned money to illegals, union thugs, corrupt rat thugs and all the others that suck blue states (and their willing victim citizens) dry.

[CodeToad]

“That’s crap. The principle is you don’t tax taxes.”

I don’t hear you guys bitching about paying taxes on taxes when it comes to sales taxes, gas taxes, and the thousands of other taxes you don’t even see.

[Mr Rogers]

My taxes get taxed. Why? Because I’ve paid my house off, don’t have large medical bills, and thus don’t have enough to itemize. UNFAIR! Others don’t pay taxes on taxes! Why must I?

[Wuli]

Your line:

“That was about immigration and trade. Not Leftist redistribution crap like eliminating the deductibility of taxes.”

is B.S.

Due to the difference in state and local taxes between the states, often quite large, the deduction of state and local taxes in the federal tax system makes for a multi-billion dollar federal redistribution of the share of federal taxes from states with higher state and local taxes to states with lower state and local taxes.

We are not a unitary-government nation, with states as merely branches of the federal government. Historically and correctly what are the state and local responsibilities, and particularly how they self-finance is not the federal government’s responsibility, nor blame.

If you want to live where you pay 2 times X in state and local taxes, why should everyone in the nation have to pay higher federal tax rates in order for the federal budget to afford it? We shouldn’t.

[sparklite2]

It IS NOT why we elected Trump.

---

What do you mean ‘we,’ Paleface? I elected Trump to be a bull in the china shop, and he’s doing it splendidly. The solution to all this is to have your state tax you less, which is as likely as DC shrinking itself. But it’s the way to go.