AntonToo
Diamond Member
- Jun 13, 2016
- 31,634
- 9,270
And, of course, my OP does not take into account all the state and local taxes (SALT) that the rich pay, i.e., state income taxes and county/city property taxes. Furthermore, under the Trump tax cuts, the SALT deduction is capped at $10K, which will hit the rich especially hard. For example, in Virginia, where I live, someone making $500K with a house worth $800K will pay at least $30K in SALT, but now they can only deduct $10K of that $30K.
What part of "all the other taxes are much more regressive" don't you get?
![state-local-federal-taxes-income.jpg](https://img.washingtonpost.com/blogs/ezra-klein/files/2012/09/state-local-federal-taxes-income.jpg)
![total-tax-bill-income.jpg](https://img.washingtonpost.com/blogs/ezra-klein/files/2012/09/total-tax-bill-income.jpg)
https://www.washingtonpost.com/news...-an-abuse-of-tax-data/?utm_term=.ad57eccba565