Re:High-tax states are losing people, money and seats in Con...
by seattle_spring on Sunday January 26, 2020 @11:37AM
(#22152936)
I'm so confused. Why is it immoral to have tax cuts to provide shelter for the middle class, but not immoral to have tax cuts so the rich can have 3 megayachts instead of 2?
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Re:High-tax states are losing people, money and seats in Con...
by seibelj on Sunday January 26, 2020 @11:54AM
(#22153082)
Why is it moral to allow the poorest taxpayers to subsidize property-owner tax deductions?
Re:High-tax states are losing people, money and seats in Con...
by seattle_spring on Sunday January 26, 2020 @12:32PM
(#22153340)
I didn't realize that the owners of 3 megayachts are considered the poorest taxpayers.
Re:High-tax states are losing people, money and seats in Con...
by seibelj on Sunday January 26, 2020 @04:06PM
(#22154793)
Why should anyone without property pay the taxes of those with property? If I buy a rental property with a mortgage, I then extract rent from citizens as they then subsidize my mortgage payments. I mean, a good deal for me, but not for the renters!
Re:High-tax states are losing people, money and seats in Con...
by seattle_spring on Sunday January 26, 2020 @04:49PM
(#22155021)
SALT deductions are not the same as deducting interest as an expense for a rental property. If you removed SALT entirely then landlords would still get the benefit.