NY varies big-time......I’m in western NY, my sibling is on Long Island. We have similar homes, about the same size in comparable neighbor hoods. My plot is a about twice as large. My real estate taxes are about $5,500 - theirs in about $25,000. On the other hand, my house could/would sell for about $240K, theirs about $750K.
The highest-paid taxpayers are unlikely to move. The jobs that pay high salaries are located in these states.
Dims should be happy with Trump. They are always wanting to soak the rich, making them pay more taxes. Well, they are paying more now.
Looking at the max, those over 1 million in income is informative but more important is those in the middle income area see the effect of the tax structure at its worse as the rates ramp up very quickly. It is not just soak the rich, it is drown the middle class too. For instance, single at 52K and one is at 8%.
It ‘s up to the GOP in those states to point out SALT should be making citizens in those state affected.By start taking a good hard look at where their tax money is going and asking themselves why.
It ‘s up to the GOP in those states to point out SALT should be making citizens in those state affected.By start taking a good hard look at where their tax money is going and asking themselves why.
I have a small horse ranch for sale in N Nevada. 5.58 acres. Ad in horsetrader.com. This year’s tax bill==$693.64 TOTAL.
It’s not just the rich getting screwed by NYS. Anyone with a nice house is, too, and that includes plenty of middle class folks who are paying in the high four to five figs in property taxes.
Why are the RATs complaining??? Doesn't this capping of certain itemized deductions get those fat cats closer to paying their "fair share?" /s
I thought Liberals thought the Rich should pay their Fair Share. Why are they complaining?
With near perfect weather year round and so much to do, I'll be staying in CA and will continue efforts to destroy these leftist. I've lived in nasty weather states and venues. It's just not for me!☺