TVStocks, MusicStocks and Life

NYT: taxpayers' attempts to prepay 2017 property taxes before GOP tax scam bill kills the deduction leads to confusion and anger slipping jimmy Dec 28, 20:50

What property tax deduction? You mean the one some blue states have, paid for by everyone else? (Privileged elitists). {nm} TJNFL1 Dec 28, 21:56

Huh?!?! This deduction is for your Federal Taxes - anyone who itemizes can take it. {nm} JDolphin Dec 28, 23:48

The new federal tax bill limits deductions for state and local taxes with a $10,000 cap. TJNFL1 Dec 29, 00:52

Exactly, but the rich and ultra rich got far more benefit from it. The cap eliminates one of the tax shelters of the rich. {nm} PhoneHome Dec 29, 04:40

But that's not a blue state thing - that's a rich thing. Unless you're implyiing rich people only live in blue states. {nm} JDolphin Dec 29, 12:39

yes, eliminating the SALT deduction was aimed specifically at blue state taxpayers and quite intentionally slipping jimmy Dec 29, 15:08

implying rich people only live in blue states? {nm} TJNFL1 Dec 30, 01:15

I follow Jimmy now. The tax bill negatively effects only democrats. It hurts low and middle income dems, helps rich Reps and hurts rich Dems {nm} PhoneHome Dec 30, 08:48

Below is a quote directly from your Vox article. Getting exactly what you ask for, yet the whining continues. {nm} PhoneHome Dec 29, 04:31

"The Republican bill added a new $10,000 max for all state and local tax deductions, effectively raising taxes on wealthy people." {nm} PhoneHome Dec 29, 04:32

You're hard to follow. Now you're arguing on behalf of the rich. Yes, Trump is an idiot, but yes, this bill is great for the middle class. {nm} PhoneHome Dec 29, 04:36

so great that thousands of middle class homeowners are lining up for hours to avoid receiving the alleged benefit {nm} slipping jimmy Dec 29, 08:52

Not Middle Class! All of the counties mentioned are high-end homes from $500k-$millions. Why are you fighting for the wealthy again? {nm} PhoneHome Dec 29, 10:12

"Hempstead County has a medium household income of $52,000" slipping jimmy Dec 29, 11:16

Hempstead is a town, not a county. It is in Nassau County. Zillow - "The median home value in Nassau County is $511,400" {nm} PhoneHome Dec 29, 11:53

Nassau has 1.4M people. The few thousand standing in line are the ones with homes worth over a million, not the ones making $52K. {nm} PhoneHome Dec 29, 11:58

So you blundered by posting any negative tax bill headline without understanding it. This one counteracts your usual point. {nm} PhoneHome Dec 29, 12:03

Learn from it by reading a little closer and move on. Or, continue arguing with the wealthy. It's kind of fun seeing it. {nm} PhoneHome Dec 29, 12:05

And enjoy the fact that the tax bill is making a lot of rich people squeal! {nm} PhoneHome Dec 29, 12:20