- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Micheal Savage going off on trump for raising his taxes in California
Posted on 12/19/17 at 12:00 pm to Papplesbeast
Posted on 12/19/17 at 12:00 pm to Papplesbeast
quote:The fed can't help that local citizens chose to do that to themselves.
The federal government doesn't have a dog in that hunt. This is about not double, triple, and quadruple taxing income.
quote:LOL. No.
You're making an argument for eliminating ALL deductions, not just SALT.
quote:This is just spectacularly dumb comparison.
That means corporations are taxed on gross revenue, not profit. Unprofitable corporations don't get a free pass anymore.
quote:I can only assume you can't read here because I said no such thing. Read again.
Uhh, no it doesn't. Increasing someone's state income tax rate does not reduce their total tax bill.
quote:Did I claim it was a credit? Again, I can only assume you misread.
SALT is a tax deduction, not a tax credit. How do you not understand these fundamental concepts?
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.
Posted on 12/19/17 at 12:21 pm to ShortyRob
quote:
LOL. No.
Actually, you are. The logic you apply to eliminating the SALT deduction can be applied to anything, including charity.
quote:
This is just spectacularly dumb comparison.
No, it's a great comparison. You're just not used to hearing it, so you're resistant just because it's a new idea. Let it sink in for a while.
quote:
can only assume you can't read here because I said no such thing. Read again.
Here's what you said.
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.
You said that people who voted for higher taxes pay less in taxes and that people who voted for lower taxes pay more in taxes. That cannot possibly be true because SALT is a deduction, not a credit.
quote:
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.
Money is fungible. Whether you pay your tax to the feds or to the state, it's still money out of your pocket. Voting for higher state taxes does not reduce the taxes you pay. It increases them. Period.
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)