Hypoxia
doesn't watch television
- Joined
- Sep 7, 2013
- Posts
- 28,080
Oh yeah, taxes. And write-offs and deductions of natural disaster losses. Those go away so the rich get richer.
The 2017 Tax Plan Eliminates Deduction for Losses from Wildfires, Other Natural Disasters
Blowback against the proposed elimination of deductions for personal losses caused by natural disasters surged as wildfires ravaged southern California.
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PS: While we're at it...
The 2017 Tax Reform Bill Helps Private Schools and Hurts Public Schools
The legislation grants tax breaks to families with children in private schools, while repealing deductions for state and local taxes that fund public schools.
The 2017 Tax Plan Eliminates Deduction for Losses from Wildfires, Other Natural Disasters
Blowback against the proposed elimination of deductions for personal losses caused by natural disasters surged as wildfires ravaged southern California.
Not only librul Californicators lose out. Next time tornadoes, hurricanes, nor-easters, polar vortices, supervolcanoes, tsunamis, big quakes, and/or plagues of locusts devastate your red region, just... tough it out. Eat your losses. Pull yourself up by your bootstraps. What, your boots are gone? Steal some.Provisions in the 2017 tax reform bill that would eliminate or restrict tax deductions for personal losses in natural disasters came under criticism in early December as devastating wildfires raged out of control in southern California.
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PS: While we're at it...
The 2017 Tax Reform Bill Helps Private Schools and Hurts Public Schools
The legislation grants tax breaks to families with children in private schools, while repealing deductions for state and local taxes that fund public schools.
Gosh, what'll we do with those folks who can't afford to send their rugrats to private schools? PUNISH THEM, OF COURSE! You plebian snots can afford slide rules, right?
The 2017 tax reform bill eliminates personal deductions for state and local taxes (primary sources of public school funding), while offering tax breaks for parents who send their children to private schools.
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