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Why should people in states that do not have an income tax have to effectively subsidize the SALT tax deduction? Maybe it will make ca/ny think twice about hav
by ixacto 5y ago
Why should people in states that do not have an income tax have to effectively subsidize the SALT tax deduction?
Maybe it will make ca/ny think twice about having such high tax rates…
- philjohn 5y agoDo they fund the SALT deduction? NY and CA pay more in taxes to the Federal government than they receive back in inward investment. Sounds like it's the states with no state tax that are being subsised to me.
- ixacto 5y agoWA/TX/FL do not have an income tax and still pay more to the Federal Government than they receive. IMO the SALT deduction is a horrible thing and allows state governments to become way too bloated.
- deleted 5y ago[deleted]