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Economics Discuss SALT tax deduction: 11 million taxpayers taking a hit from new tax law at the Political Forums; Originally Posted by Dog Man If they sent a bill directly to your home for your share of California's and ...

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  #21 (permalink)  
Old 04-11-2019, 11:34 PM
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Default Re: SALT tax deduction: 11 million taxpayers taking a hit from new tax law

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Originally Posted by Dog Man View Post
If they sent a bill directly to your home for your share of California's and New York's high tax burden, would the light bulb light up and make you realize what is happening? Or would you happily write that check, and look forward to the next one?
I bet you could care less that Amazon paid no taxes at all.
the middle class doesnt deserve deductions and their taxes are going up for the next 8 years. cuz they're ner do wells.
wonderful how you view hard working Americans who take responsibility and dont try to shirk.
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Old 04-11-2019, 11:49 PM
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Default Re: SALT tax deduction: 11 million taxpayers taking a hit from new tax law

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Originally Posted by Zenock View Post
Saltwn:

This doesn't begin to effect anyone in Idaho until they reach $144,404 of yearly income (actually, probably more than that due to deduction they can take on their state taxes). Which in Idaho is doing fairly well considering our low cost of living outside of taxes.

I thought liberals were all about "tax the rich" basically this amounts to Higher taxes on the rich. The very thing liberals say they want. So what's the problem?

Edit: Full disclosure, I live in Idaho.
you may not take deductions for state taxes any more. that's a good part of my point.
except for a few slow holes most everywhere has the same cost of living except high profile areas like ny, surrounding dc, and california. cuz hollywood, silicon valley, politicians and big movers and shakers -trump inc- being attracted there and keeping the real estate higher.
reality check: the rest of us have around the same in rents or mortgages across the board and not many other things are cheap outside the deep south and, poverty stricken neighborhoods and the boonies without much civilization.
144K is what you probably need to make it with an average family size in idaho unless you luckily bought a house in the downturn-and that's highly unlikely.
if they look HARD elderly people can find cheaper places w/o applying for hud or whatever. if you are over certain age the renter gets a subsidy for keeping their rents low. but you won't find any of that in boise the only city in our state.
we are lucky in that we are not on the grid with any one but that doesmt mean our rates are ultra low.
I just feel sorry for younger people around 40ish who can no longer cath a breath that the refunds used to provide and are looking forward to higher and higher taxes through the next decade.
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Old 04-12-2019, 07:04 AM
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Default Re: SALT tax deduction: 11 million taxpayers taking a hit from new tax law

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Originally Posted by saltwn View Post
I bet you could care less that Amazon paid no taxes at all.
the middle class doesnt deserve deductions and their taxes are going up for the next 8 years. cuz they're ner do wells.
wonderful how you view hard working Americans who take responsibility and dont try to shirk.
Once again, you are failing to see the answer - What Amazon, and other large corporations are doing is LEGAL. Don't like it, campaign to change it.

And still you side step the fact that 'some' people are whining about having their deductions for SALT CAPPED at $10,000, while people who don't live in theft states, don't even come close, if at all. Taxes aren't 'going up'. They've always been there, they just can't deduct as much. You know this, but that doesn't make for good propaganda, does it.

You need to realign your priorities...
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Old 04-12-2019, 07:09 AM
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Default Re: SALT tax deduction: 11 million taxpayers taking a hit from new tax law

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Originally Posted by saltwn View Post
you may not take deductions for state taxes any more. that's a good part of my point.
except for a few slow holes most everywhere has the same cost of living except high profile areas like ny, surrounding dc, and california. cuz hollywood, silicon valley, politicians and big movers and shakers -trump inc- being attracted there and keeping the real estate higher.
reality check: the rest of us have around the same in rents or mortgages across the board and not many other things are cheap outside the deep south and, poverty stricken neighborhoods and the boonies without much civilization.
144K is what you probably need to make it with an average family size in idaho unless you luckily bought a house in the downturn-and that's highly unlikely.
if they look HARD elderly people can find cheaper places w/o applying for hud or whatever. if you are over certain age the renter gets a subsidy for keeping their rents low. but you won't find any of that in boise the only city in our state.
we are lucky in that we are not on the grid with any one but that doesmt mean our rates are ultra low.
I just feel sorry for younger people around 40ish who can no longer cath a breath that the refunds used to provide and are looking forward to higher and higher taxes through the next decade.
You start out with a false premise, and build on it.

Do you understand what you've painted here? That people should actually have to work and save to gain homeownership is an anathema to you.

You need to learn what built this country, and what is tearing it down.
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Old 04-12-2019, 09:22 AM
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Default Re: SALT tax deduction: 11 million taxpayers taking a hit from new tax law

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Originally Posted by saltwn View Post
ohio has state income tax. good luck
What does that have to do with my post? Yes, I am aware that Ohio has an income tax along with school district income taxes. However, that is an issue for the residents of Ohio, not the rest of the country. Those that live in lower taxed states should not have to pay more federal taxes because Ohio has it's income taxes.
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Old 04-12-2019, 10:19 AM
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Default Re: SALT tax deduction: 11 million taxpayers taking a hit from new tax law

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Originally Posted by saltwn View Post
I bet you could care less that Amazon paid no taxes at all.
the middle class doesnt deserve deductions and their taxes are going up for the next 8 years. cuz they're ner do wells.
wonderful how you view hard working Americans who take responsibility and dont try to shirk.
This has nothing to do with my post. And none of what you say is true.
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Old 04-12-2019, 10:21 AM
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Default Re: SALT tax deduction: 11 million taxpayers taking a hit from new tax law

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Originally Posted by GottaGo View Post
You start out with a false premise, and build on it.

Do you understand what you've painted here? That people should actually have to work and save to gain homeownership is an anathema to you.

You need to learn what built this country, and what is tearing it down.
I'm starting to think that Salty just strings together random rhetoric and talking points that she hears throughout the day.
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Old 04-12-2019, 12:59 PM
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Default Re: SALT tax deduction: 11 million taxpayers taking a hit from new tax law

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I'm starting to think that Salty just strings together random rhetoric and talking points that she hears throughout the day.
Personally, I think she just likes to stir the pot.
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Old 04-12-2019, 02:56 PM
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Default Re: SALT tax deduction: 11 million taxpayers taking a hit from new tax law

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Originally Posted by GottaGo View Post
Personally, I think she just likes to stir the pot.
No doubt about that.
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