Quote:
Originally Posted by Chico23231
Also, raising the tobacco, vape, etc. taxes directly hits the poor.
You guys all are full of shit. It’s a socialist plan period which tax benefits the wealthy especially in high tax blue states.
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Agreed, taxes on things like alcohol, tobacco hit the poor more.
If suspending or raising the SALT cap would benefit wealthy especially in blue states ... are you willing to concede that Trumps tax plan which started this SALT mess was designed to target blue states.
Trump was such a partisan POS. President to half the country, vindictive petty asshole to the rest.
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Democratic-leaning blue states tend to be wealthier and pay more to the Federal Government than they get. In contrast, Republican-leaning red states tend to have less wealth and receive more Federal Government funds than they pay. In the MoneyGeek rankings, nine of the 10 most dependent states are considered red states.
"Higher-income states produce the majority of the tax dollars that go into the Federal Government's pocket," Fallon says. Because of the higher income, states and their residents need less support and use fewer federal dollars.
Fallon noted that recent tax code changes have made wealthy states' contributions more pronounced.
"Before, people who paid large state income taxes would deduct those from their federal tax payments," she says. Now, state tax deductions are capped. "Ironically, it means the wealthier states' populations are paying even more."
https://www.moneygeek.com/living/sta...t/#red-vs-blue
Chico youre right .. it is fucking socialism. Tax code written to attack blue states to prop up red states even more.
red states .. get your shit together you commie bastards.