Posted on 11/13/2018 1:51:18 PM PST by Mariner
Republicans are losing their hold on upper-middle-class suburbs, and the tax reform bill may be to blame.
Although a number of races are still too close to call, Democrats have taken 30 seats so far — more than the 23 GOP districts they needed to seize control of the House of Representatives. In swing districts across the country, new Democratic challengers vowed to defy the Trump administration while Republican incumbents touted the benefits of tax reform and a booming economy.
But the GOP’s tax reform bill may have disenfranchised fiscal conservatives in higher-income areas, since the Trump tax cuts capped the amount of deductions that Americans can claim on state and local taxes — abbreviated as SALT — to $10,000. For homeowners facing high property taxes, itemizing their taxes offered more deductions than the standard provision of $12,000.
Voters in those districts may have had this in mind when they hit the polls in the midterms. Among the top 25 congressional districts ranked by uptake of SALT deductions, nine are controlled by Republicans in the current Congress.
Six of them flipped blue in the November 6 elections, and one – California’s 45th district – is too close to call.
(Excerpt) Read more at yahoo.com ...
We wonder what the results were for the top 50 SALT districts.
ping
Never mind Trump lost less than half the number of House seats his first midterm as Obama lost his first midterm. Gotta go looking for causes outside of normal trends.
So much for the GOP being "the party of the rich." LOL.
possible. but it appears seriously doubtful.
if only because no taxpayers can know yet what impact the total tax bill will have on them
even TurboTax hasn’t been released yet, so that if any super-motivated person wanted to try to advance-estimate his/her taxes due April 15, 2019, they could not readily do so.
this article is pure speculation at this point.
Only if you live in a Blue State.
What the author conveniently ignores is that many of these new Democratic challengers also vowed to defy Nancy Pelosi. Does anyone really think that's going to happen? LOL.
Tax cuts shouldn’t be capped. You pay in , you get a % cut. End of story.
Tell the socialists to go f themselves, I mean democraps !!!
What the Republican suburbs need is an influx of Section 8 housing filled with caravan’ers. Let the country clubbers taste the real world that THAT, more than a tax cut, will bring them to Trump.
I seriously doubt this was the basis on which those districts voted. It was generally suburban women who voted for Democrats in the past election.
Plus a few who have to pay their employees more to keep them because the Trump economy has also lifted the Mexican economy to the point that there are now more Mexicans going home than coming in for the first time since Operation Wetback ended back in the 1960s or the Viet Nam War economy was going strong a decade or so later.
A lot of suburban YUPPIE types really don't care if the working class is suffering as long as they can get their lawns mowed and their houses cleaned on the cheap . . . and as long as they don't live next door.
It was Republicans who capped them.
Many now pay taxes on the money they used to pay other taxes.
Sorry.
Most of the power and authority was supposed to rest at the local and state levels. The reason was because it is easier to hold those levels of government accountable. This tax change restores some of that intent by forcing the whiners to turn to their local elected officials and demand that they reduce excessive taxes. Just being lazy and passing that burden onto other taxpayers around the country, as SALT deductions do, is immoral and in contradiction to the Founders’ intent. That practice has served local tax and spend liberals well, because they could blunt much of the anger that would otherwise occur by getting others to pay their constituents’ tax bill.
Anyone who is upset about the new SALT limit needs to quit whining and start putting pressure on their local officials to reduce taxes and spending. If that happens, it would be a great outcome from this very wise provision of the new tax code.
So making people pay for their own State and Local profligate spending instead of allowing them to shift it onto the Feds is a “bad” idea”?
So what?
Why should the rest of us be forced to subsidize people with big, expensive homes who choose to live in high-tax Democrat areas?
Behold the suburban voter here in Dumberset County, NJ. So mad at losing their SALT deduction that they not only voted out Lance, they voted in far left Freeholders who will, um, promptly go ahead and raise their local taxes.
Flawless logic there.
All good points, but remember that the Founders never designed a country with an income tax.
What do you think is turning suburban and out state areas blue?
That type of housing is popping up in this areas.
Well, the founders probably didn’t envision a federal income tax, either. And they would have said ‘hell no’ if anyone had suggested.
Tariffs, and that is ALL the money the fedgov should get or need. Repeal the 16th and stop with the 800+ military bases around the world and payouts to people based on anything other than what they paid IN. SSI, yes, military pensions, yes, everything else except actual defense of our borders, HELL NO.
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