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re: What’s the board consensus on eliminating the State tax deduction as part of Fed Tax bill?

Posted on 10/26/17 at 7:05 pm to
Posted by SEC. 593
Chicago
Member since Aug 2012
4047 posts
Posted on 10/26/17 at 7:05 pm to
I see it as one. A state has decided to have a certain level of taxation to support a level of provided services. The federal government has decided that the state tax should count as income to be taxed a 2nd time.
Posted by Loserman
Member since Sep 2007
21966 posts
Posted on 10/27/17 at 2:36 am to
quote:

The federal government has decided that the state tax should count as income to be taxed a 2nd time.



Neither part of that sentence is true.

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