BabyBoomer50s
Capitalist
- Joined
- Nov 27, 2018
- Posts
- 10,171
Heartwarming display of compassion for those affluent white coastal liberals who need a helping hand.
Democrats Consider Tax Cuts for Many High Earners in New York, New Jersey and California
With tax rates steady and $10,000 deduction cap under attack, some residents of high-tax states might pay less than before 2017
WASHINGTON—High-income coastal professionals look likely to emerge as significant winners from the Democrats’ proposed tax agenda, escaping rate increases and regaining a deduction for state and local taxes that was capped at $10,000 in 2017.
https://www.wsj.com/articles/democrats-salt-tax-cap-high-earners-11635460218
Democrats Consider Tax Cuts for Many High Earners in New York, New Jersey and California
With tax rates steady and $10,000 deduction cap under attack, some residents of high-tax states might pay less than before 2017
WASHINGTON—High-income coastal professionals look likely to emerge as significant winners from the Democrats’ proposed tax agenda, escaping rate increases and regaining a deduction for state and local taxes that was capped at $10,000 in 2017.
https://www.wsj.com/articles/democrats-salt-tax-cap-high-earners-11635460218