It will NOW be fair... no more tax loopholes for New Yorkers,Californians,etc.....

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healthmyths

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Sep 19, 2011
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The dumb liberal knuttjob Nancy Pelosi is calling the middle class taxpayers "Scrooges" for wanting to keep more of their paychecks
 

Do either of those people itemize? Do they have enough deductions that they would want to?

Simple to find out!
62% of New Yorkers DON"T ITEMIZE so for them taking away the deduction for STATE Income taxes is a non-issue.
61% of Californians DON"T ITEMIZE!
65% of all Tax returns ARE NOT ITEMIZED!
Even though there are 43 states with state income tax.
Most Americans Don't Itemize on Their Tax Returns - Tax Foundation
 
The dumb liberal knuttjob Nancy Pelosi is calling the middle class taxpayers "Scrooges" for wanting to keep more of their paychecks

They should give more of their money to her so she could have more plastic surgery... her only way to at least make her look like as if she was current.
 
Funny . When talking about taxing companies cons cry “double taxation. “. Yet the cons are literally pushing for double taxation of working Americans.

Have you no shame ?
 
Funny . When talking about taxing companies cons cry “double taxation. “. Yet the cons are literally pushing for double taxation of working Americans.

Have you no shame ?

Do you know what "double taxation" is? More importantly, State income tax deductions against Federal taxes are NOT double taxation.
A corporation pays federal taxes on profits.
Then by Federal law has to pay out dividends.
The shareholder gets dividends as income and this income is counted as taxable.
Therefore "double taxation".
Hope that distinction is clearly understood. Not at all applicable to this situation.
 

Do either of those people itemize? Do they have enough deductions that they would want to?

Simple to find out!
62% of New Yorkers DON"T ITEMIZE so for them taking away the deduction for STATE Income taxes is a non-issue.
61% of Californians DON"T ITEMIZE!
65% of all Tax returns ARE NOT ITEMIZED!
Even though there are 43 states with state income tax.
Most Americans Don't Itemize on Their Tax Returns - Tax Foundation

According to data from the 2013 tax year, only about 30% of federal tax payers itemized deductions in 2013. That number is about to drop with this new bill.
 
Funny . When talking about taxing companies cons cry “double taxation. “. Yet the cons are literally pushing for double taxation of working Americans.

Have you no shame ?

How do you figure working Americans are getting double taxed? I ain't seeing it.
 
Red states, with the worst GDP's and the highest rates of welfare and food stamps, want more of that blue state cheddar

You mean that blue state cheddar as in state/local/property taxes that the lefties are so busy whining about.
No this is about federal money. Dumbass.

Well that's one way to say you're still whining about state/local/property taxes...dumbass.
 
Funny . When talking about taxing companies cons cry “double taxation. “. Yet the cons are literally pushing for double taxation of working Americans.

Have you no shame ?

How do you figure working Americans are getting double taxed? I ain't seeing it.

They can't write of the state tax . Now the Feds tax them on income that the state also taxed .
 
Funny . When talking about taxing companies cons cry “double taxation. “. Yet the cons are literally pushing for double taxation of working Americans.

Have you no shame ?

How do you figure working Americans are getting double taxed? I ain't seeing it.

They can't write of the state tax . Now the Feds tax them on income that the state also taxed .
Power grab from the big fed gubmint
 
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