Fuck that noise about capping the SALT deduction. Seriously. I live in a place that has high property and state taxes because we pay our fair share to give residents of my state a decent life. Property taxes for fixer-upper starter homes in my area exceed the SALT deduction cap. The cap hits people who are "moderately wealthy", but that definition of moderately wealthy cuts into what is decidedly the middle class.
You can try to twist it like it was some win for the working class, but it was aimed smack at blue states as a punishment for doing the right thing.
Good schools, effective municipal services, and so on. The bullshit federal money sucking states, with their lower property and state taxes, discovered it's easier to just get the federal government to pay for your stuff. Poor people do worse, rich people do better.
> I live in a place that has high property and state taxes because we pay our fair share to give residents of my state a decent life.
What if the high taxes are because politicians and union leaders from decades ago promised lavish post retirement benefits to government employees in exchange for low taxes, then underfunded the savings and/or made corrupt investments, and now find themselves taking taxes from taxpayers today to pay for labor performed decades ago?
See IL/NJ/CT.
Also, in NJ’s case, high taxes because of 500 different governments with redundant police/schools/fire/other government employees.
Fuck that noise about capping the SALT deduction. Seriously. I live in a place that has high property and state taxes because we pay our fair share to give residents of my state a decent life. Property taxes for fixer-upper starter homes in my area exceed the SALT deduction cap. The cap hits people who are "moderately wealthy", but that definition of moderately wealthy cuts into what is decidedly the middle class.
You can try to twist it like it was some win for the working class, but it was aimed smack at blue states as a punishment for doing the right thing.
Good schools, effective municipal services, and so on. The bullshit federal money sucking states, with their lower property and state taxes, discovered it's easier to just get the federal government to pay for your stuff. Poor people do worse, rich people do better.