Re:I.R.S. Warns States Not to Circumvent State and Local Tax...
by ngoldbaum on Wednesday May 23, 2018 @10:59PM
(#17140717)
Capping the state and local tax deduction isn’t closing a loophole. It’s punishing blue states for funding social services and state government via state taxes.
[ Parent
| on HN ]
Re:I.R.S. Warns States Not to Circumvent State and Local Tax...
by gnicholas on Wednesday May 23, 2018 @11:00PM
(#17140731)
You’re right. The “loopholes” that people are discussing are the novel workarounds to get around the cap.
When I said “enforce” loopholes I meant they are trying to defeat them.