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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.
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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.
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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.
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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
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PhoneHome
Dec 30, 08:48
Below is a quote directly from your Vox article. Getting exactly what you ask for, yet the whining continues.
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."
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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.
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PhoneHome
Dec 29, 04:36
so great that thousands of middle class homeowners are lining up for hours to avoid receiving the alleged benefit
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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?
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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"
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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.
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PhoneHome
Dec 29, 11:58
So you blundered by posting any negative tax bill headline without understanding it. This one counteracts your usual point.
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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.
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PhoneHome
Dec 29, 12:05
And enjoy the fact that the tax bill is making a lot of rich people squeal!
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PhoneHome
Dec 29, 12:20