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Looks like the 4 NY GOP holdouts get their way: SALT deduction increased
Posted on 5/16/25 at 12:36 pm
Posted on 5/16/25 at 12:36 pm
Loading Twitter/X Embed...
If tweet fails to load, click here. frick these NY congressfolk.
Why should you get a tax break because your state taxes are high.
14
Posted on 5/16/25 at 12:38 pm to HailHailtoMichigan!
We need NY and California districts to win the House. And frankly, all taxes paid, including sales tax, gov’t fees, tolls, etc, should be deductible.
Posted on 5/16/25 at 12:39 pm to HailHailtoMichigan!
Does it matter. Cuck Roy abd Massie will vote No and block everything
Posted on 5/16/25 at 12:39 pm to Riverside
quote:If you want strong state government and less federal government, then yes.
We need NY and California districts to win the House. And frankly, all taxes paid, including sales tax, gov’t fees, tolls, etc, should be deductible.
Posted on 5/16/25 at 12:41 pm to SDVTiger
quote:
Cuck Roy abd Massie will vote No and block everything
Yep, Roy and Massie refuse to even compromise. Locks for no votes. Which means Johnson's only choice to pass a bill is to compromise with Democrats, which results in an even worse bill.
Massie plays right into the hands of the Democrats, again!
Posted on 5/16/25 at 12:42 pm to HailHailtoMichigan!
Its going to pass.
Posted on 5/16/25 at 12:45 pm to HailHailtoMichigan!
Great! Should increase Salt for those in Texas with extreme property taxes 
Posted on 5/16/25 at 12:46 pm to HailHailtoMichigan!
vote the whole thing down and let a shutdown happen......
Posted on 5/16/25 at 12:50 pm to Riverside
quote:
We need NY and California districts to win the House.
The House has been doing so many good things in 2025 with the GOP in control. Right?
Posted on 5/16/25 at 12:50 pm to TDFreak
quote:
If you want strong state government and less federal government, then yes.
That's not on the table, though. What we get is humongous and ineffective state government and ridiculously outsized and comically inept federal government. Taxpayers in Texas, Florida, Wyoming and other no income tax states shouldn't be forced to subsidize California, NY, etc. state governments.
Posted on 5/16/25 at 12:55 pm to HailHailtoMichigan!
quote:
Why should you get a tax break because your state taxes are high.
They argue that NY and California contribute way to the coffers than Red State land so they are entitled to a break. Like it or not they aren’t going to flex on SALT. It sucks but Trump will give on on this.
Posted on 5/16/25 at 12:55 pm to David_DJS
I don’t pay $80k in property taxes but i do pay more than $10k so my wallet is happy for the increase
Posted on 5/16/25 at 1:19 pm to HailHailtoMichigan!
hooray, i'll get my deductions back. that puts another 3-4k back in my pocket.
Posted on 5/16/25 at 1:37 pm to 14&Counting
quote:
They argue that NY and California contribute way to the coffers than Red State land so they are entitled to a break.
I'd like to see a real/credible analysis of this.
Posted on 5/16/25 at 1:55 pm to Riverside
quote:
And frankly, all taxes paid, including sales tax, gov’t fees, tolls, etc, should be deductible.
Some states (including New York and California) can increase their taxes knowing that it is less of a burden on their citizens to increase those state taxes as they are offset by federal tax reductions.
Is that what you want?
Posted on 5/16/25 at 1:57 pm to HailHailtoMichigan!
Taxes paid in high COLA, blue areas are about to be drastically cut with this.
Posted on 5/16/25 at 1:59 pm to HailHailtoMichigan!
quote:
frick these NY congressfolk.
Republicans have to have them. They swing way above their weight now.
Posted on 5/16/25 at 1:59 pm to the808bass
quote:
Some states (including New York and California) can increase their taxes knowing that it is less of a burden on their citizens to increase those state taxes as they are offset by federal tax reductions.
Is that what you want?
The less taxes to the feds, the better.
Posted on 5/16/25 at 2:11 pm to JohnnyKilroy
quote:
The less taxes to the feds, the better.
This doesn't make sense.
Fedgov doesn't limit its spending to its income. So it's about who is on the hook for this spending, and to the degree it's individual taxpayers the SALT deductions favor taxpayers in some (more blue) states to the detriment of taxpayers in other (more red) states.
SALT deductibility is a transfer of wealth from FL, TX, and other no/low state income tax states to high state income tax states like CA and NY.
This post was edited on 5/16/25 at 2:12 pm
Posted on 5/16/25 at 2:18 pm to HailHailtoMichigan!
The only people this affects are people in liberal states and cities with a high cost of living.
Most of them itemize their deductions on their tax returns since they pay a ton of state/local tax, property tax, and mortgage interest.
Somewhere like Louisiana, the only people you see who itemize their deductions are the wealthy (since they pay more state tax) and people who donate a lot to charity.
Most of them itemize their deductions on their tax returns since they pay a ton of state/local tax, property tax, and mortgage interest.
Somewhere like Louisiana, the only people you see who itemize their deductions are the wealthy (since they pay more state tax) and people who donate a lot to charity.
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