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A comment on Among the Tax Bill’s Biggest Losers: High-Income, Blue State Taxpayers. Parent comment

Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by TheAdamAndChe on Tuesday December 05, 2017 @03:46PM (#15855728)
Yet this particular reform _does_ tax the rich more. It's mostly those making >$200k that will be hit, and it removes what were basically subsidies for the richest states in the country.
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Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by munk-a on Tuesday December 05, 2017 @03:53PM (#15855842)
... And then it removes the alternative minimum tax, starts to phase out the estate tax and lowers pass through income tax rates. This tax cut might hit some really stupid rich people hard, but anyone wise enough to hire an accountant is going to get a lot more take home.
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Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by TheAdamAndChe on Tuesday December 05, 2017 @03:56PM (#15855872)
Looking at the new tax law as a whole, you are right, but the focus of this article is on changes to the state and local tax deduction, which currently favors rich states with high taxes.
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Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St... by closeparen on Tuesday December 05, 2017 @04:09PM (#15856014)
People in expensive states are not somehow better off, dollar amounts are just higher in both the labor and real estate markets. It’s better understood as localized inflation than localized wealth.
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