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.