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Illinois Patriots
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Author:  BeerFan [ Tue May 02, 2017 1:58 pm ]
Post subject:  Illinois Patriots


Glenn Reynolds: It's Time to Put High-Income Blue-State Liberals' Alleged Support of "Paying Your Fair Share" to the Cash-Money Test


"Democrats have been saying for years that we need tax increases, and that paying taxes is one of the greatest forms of patriotism. Now it looks like President Trump is going to put their beliefs to the test."


https://www.usatoday.com/story/opinion/ ... 101159082/

Trump’s new tax plan would hit blue states hardest, by eliminating the federal deductibility of state income and property taxes. That’s going to make it harder for blue states to maintain the high tax rates they’ve traditionally levied.
Right now, if you pay state property or income taxes, you can deduct them against your federal income taxes. In effect, it means that if you’re in a high federal bracket, your state taxes may be offset by that federal deduction to the tune of 40% or more.


The National Journal’s Ronald Brownstein calls this "an offensive against blue states," but as Brad Todd replied on Twitter, “I think what you mean is it ends imbalanced federal subsidy for big government at the local level.”


#winning
#TheBigShitty

Author:  Hatchetman [ Tue May 02, 2017 2:05 pm ]
Post subject:  Re: Illinois Patriots

agree but losing property tax deduction would suck. time to move to Griffith I guess.

Author:  Ogie Oglethorpe [ Tue May 02, 2017 2:07 pm ]
Post subject:  Re: Illinois Patriots

As someone living in a state with no state income tax, I welcome this.

Author:  chaspoppcap [ Tue May 02, 2017 2:09 pm ]
Post subject:  Re: Illinois Patriots

Yup feels good

Author:  BeerFan [ Tue May 02, 2017 2:10 pm ]
Post subject:  Re: Illinois Patriots

Griffith

http://www.texasescapes.com/TexasPanhan ... -Texas.htm


#MAGA

Author:  BeerFan [ Tue May 02, 2017 2:40 pm ]
Post subject:  Re: Illinois Patriots

Image


#KingofQueens

Author:  Caller Bob [ Thu May 04, 2017 7:28 am ]
Post subject:  Re: Illinois Patriots

Frank in Oak Park wrote:
Greeeeaattt Threaaaad guuuuysssss.......

Author:  good dolphin [ Thu May 04, 2017 8:30 am ]
Post subject:  Re: Illinois Patriots

Those dickheads from Naperville are junior Patriots in everything, like the entire community is geared to be a feeder system for the high school.

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