SALT deduction without cap, good or bad idea? (user search)
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  Political Debate (Moderator: Torie)
  SALT deduction without cap, good or bad idea? (search mode)
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Poll
Question: Do you support Democrats efforts to eliminate SALT cap?
#1
Democrat and favor lifting cap
 
#2
Democrat oppose lifting cap
 
#3
Republican favor lifting cap
 
#4
Republican oppose lifting cap
 
#5
Independent favor lifting cap
 
#6
Independent oppose lifting cap
 
Show Pie Chart
Partisan results

Total Voters: 25

Author Topic: SALT deduction without cap, good or bad idea?  (Read 910 times)
mileslunn
Junior Chimp
*****
Posts: 5,820
Canada


WWW
« on: April 09, 2021, 10:02:19 PM »

Democrats want to lift salt cap claiming it unfairly penalized high taxed blue states and also hurts middle class.  Republicans counter it is largely a tax cut for the rich which Democrats are supposedly against and it forces other states to subsidize high taxed blue states in that they pay more federal tax for this.  Are you for or against SALT cap and why?  Also options such as raising cap but not eliminating (and what amount to) or eliminating SALT altogether are possibilities so if so discuss.  Likewise so is raising taxes to cover for it and if so which taxes and by how much?  And also why do you support cap or why do you oppose it?
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mileslunn
Junior Chimp
*****
Posts: 5,820
Canada


WWW
« Reply #1 on: April 10, 2021, 12:38:52 AM »

It's always funny to me when you guys push to subsidize wealthy people.  The Union Bailout as "infrastructure project", trying to write off college debt, lifting the salt cap....seems like there was something else recently.  You guys don't mind giving tax dollars to rich people, you just want to make sure it's the correct 1%ers.


You used to try hiding it better, now you don't even seem to care anymore.

I get impression that right now neither party is fully for tax cuts for rich or tax hikes on rich.  Rather both want to raise taxes on the rich in opponent's states but cut for the rich and their states.
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