quote:
It shouldn't be, "here's our rate...........oh........wait........you decided LOCALLY to give your LOCAL politicians more?............OK......you don't have to give us as much".

I mean, if you REALLY think about that, it's retarded.

You're making an argument for eliminating ALL deductions, not just SALT. We should all be taxed on our gross income, with no modifications. I'm okay with that as long as all legal people are held to the same standard. That means corporations are taxed on gross revenue, not profit. Unprofitable corporations don't get a free pass anymore.

quote:
By definition, that policy:
1)Reduces taxes for people who VOTED for more taxes

while

2)Increasing taxes for those who VOTED for FEWER taxes!

An absurdity.

Uhh, no it doesn't. Increasing someone's state income tax rate does not reduce their total tax bill. SALT is a tax deduction, not a tax credit. How do you not understand these fundamental concepts?

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Posted by ShortyRob

Member since Oct 2008

82116 posts

Posted on 12/19/17 at 12:00 pm to Papplesbeast

quote:
The federal government doesn't have a dog in that hunt. This is about not double, triple, and quadruple taxing income.

The fed can't help that local citizens chose to do that to themselves.

quote:
You're making an argument for eliminating ALL deductions, not just SALT.

LOL. No.

quote:
That means corporations are taxed on gross revenue, not profit. Unprofitable corporations don't get a free pass anymore.

This is just spectacularly dumb comparison.

quote:
Uhh, no it doesn't. Increasing someone's state income tax rate does not reduce their total tax bill.

I can only assume you can't read here because I said no such thing. Read again.

quote:
SALT is a tax deduction, not a tax credit. How do you not understand these fundamental concepts?

Did I claim it was a credit? Again, I can only assume you misread.

In any case, nice try at slipping in "total tax bill". The Fed isn't responsible for your "total tax bill". Raising your local taxes previously reduced your FEDERAL tax bill.

Now, it doesn't.

You're trying to wriggle. But, I can tell you realize you're on quicksand.

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