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re: The state income tax deduction is a great illustration of the problems of our tax system
Posted on 12/3/17 at 10:45 am to CptRusty
Posted on 12/3/17 at 10:45 am to CptRusty
Your state could always change its tax policies.
Federal government power should be minimized so we can have 50 examples of how to do things with the best ideas being adopted by everybody else
Best practices for states with maximum impact.
Federal government power should be minimized so we can have 50 examples of how to do things with the best ideas being adopted by everybody else
Best practices for states with maximum impact.
1
Posted on 12/3/17 at 10:55 am to gthog61
quote:
Your state could always change its tax policies.
Exactly, because if they don't the FREE MARKET COMPETITION right next door will be surely be happy to welcome skilled workers and their economic contributions.
I think LA could actually be worse off than places like NY and CA because there is such an easy "out" right next door, leading to impacts I posted about earlier. For the citizens in states with no such exit strategy, they will likely pressure their states to change the tax laws to something more palatable. Watching the socialists in CA petition for lower taxes would be hysterical.
This post was edited on 12/3/17 at 10:57 am
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