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It will burst the blue wall cyst and the snowflakes will spread their lunacy nationwide.This seems like an obvious gimmick for getting the federal government to subsidize high tax rates in Blue states.
Is there any reason why it should not be eliminated in the forthcoming Tax Reform legislation?
But you do have other taxes such as real estate that are paid by citizens of Nevada and Nevada like Florida gets the majority of its income from non-residents. Tax flight from California and Washington will be felt very much in Nevada for good and bad reasons.We have no income tax in Nevada so I could care less
We have no income tax in Nevada so I could care less
It is a transfer of wealth from the poor and middle class to the rich which is always the first wet dream Republicans keep foremost in their heads.
Maybe it is a gimmick for encouraging Red States which take things into their own hands and charge taxes accordingly?
You have the color wrong.Maybe it is a gimmick for encouraging Red States which take things into their own hands and charge taxes accordingly?
Why do the majority of Red States need subsidizing?
You have the color wrong.Maybe it is a gimmick for encouraging Red States which take things into their own hands and charge taxes accordingly?
Why do the majority of Red States need subsidizing?
People raised a ruckus when Reagan got rid of the credit card interest deduction back in the 80s in order to help balance out his tax cuts, but he still did it and it worked
Interest shouldn't be deductible at all, including for home mortgages or corporate bonds; it encourages debt, not something that needs encouragement. Deductions for consumer debt is even worse; Reagan was right to get rid of it.
Interest shouldn't be deductible at all, including for home mortgages or corporate bonds; it encourages debt, not something that needs encouragement. Deductions for consumer debt is even worse; Reagan was right to get rid of it.
Reagan didn't 'get rid of it.' Only for the middle class.
He also raised taxes on the middle class, numerous times.
He also BLEW $200B+ on SDI.
He also deregulated healthcare which is why we're at today.
We have no income tax in Nevada so I could care less
We have no income tax in Nevada so I could care less
So it's OK if residents of other states (with the same income) pay less federal income tax than you?