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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?
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.
Re:High-tax states are losing people, money and seats in Con... by foogazi on Sunday January 26, 2020 @05:28PM (#22155253)
> Why should anyone without property pay the taxes of those with property?

Tenants don’t pay property taxes