The Soapbox

WahooRQ

Joined: 04/30/2006 Posts: 44693
Likes: 60784


As usual, a lot of fluff and a lot of words to show you missed the point.


No one is arguing that progressive tax rates don't take more from high earning professionals than they do professional investors, or anything close.

But increasing the SALT deductions certainly helps wealthy people who live and pay taxes in HCOL blue states. If you've got a mortgage that's over a million dollars and are paying the top bracket, there's a really good chance you meet the objective definition of "rich" even if Jeff Bezos is substantially richer.
[Post edited by WahooRQ at 11/17/2021 1:40PM]

(In response to this post by Los Angeles Hoo)

Posted: 11/17/2021 at 1:38PM



+1

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Current Thread:
  It'll definitely help residents of NYC. ** -- Blah 11/17/2021 1:52PM
  Did 82% go to the richest 1% again? ** -- HoosWillWin 11/17/2021 1:51PM
  Too narrow a view IMO. This for the most part is not -- hoolstoptheheels 11/17/2021 2:32PM
  Yet your link is to Hot Air. Ya got me.** -- Seattle .Hoo 11/17/2021 12:45PM
  It's a tax cut for the well-off--embrace it! ** -- southdenverhoo 11/17/2021 12:44PM
  I am. I’m already holding off on my 2021 -- BocaHoo91 11/17/2021 12:59PM
  Hmm, the max went from 10,000 to 80,000, a guy maxing out -- southdenverhoo 11/17/2021 1:00PM
  I was using the poster logic -- Zhoo 11/17/2021 1:07PM
  10-15% were affected -- Zhoo 11/17/2021 3:30PM

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