The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Retire Early CampFIRE


Subject:  Re: Charitable Contribution to Pay Prop Tax Nixe Date:  6/12/2019  9:32 PM
Author:  telegraph Number:  881862 of 884209

"Spankie raised everyone's taxes--particularly on the non-wealthy."

Ah, more liberal foaming at the mouth

No, the majority of folks saw a significant reduction in taxes.

The standard deduction and child credit went way up.

It simplified filing for tens of millions more who can now take the standard deduction.

It only clobbered a few 'high earners' in 'high tax' states like NJ NY CT MD CA etc..... yeah, it's the poor guys paying $20,000 in real estate taxes that can't deduct all of them, boo-hoo...on their million and five million dollar houses in NY, NJ, CA, CT, etc......and their $30,000 a year interest on their home loans....... as if the poor can afford home loans like than....or even lower middle class.....

Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us