Alex Berenson: I suspect the loss of the SALT deduction may have a bigger long-term impact on CA and NYC than was initially anticipated. The money the CARES Act threw at the states (and the stock and RE bubbles in 2020/21) probably hid the impact on the tax base… but the hit is cumulative.
Professionals can now get the equivalent of immediate 10-15% pay hike by leaving LA and NYC for TX or FL. For people making $100,000-$500,000, especially those with school-age kids, that’s a huge gain. And the quality of life in the blue states is hardly a draw. more
If any of you NYers or CAers who come here to FL continue to vote for the damned Dems, may the Florida Mosquito Curse plague you day and night until you either learn the error of your ways, or you leave.
Otherwise we’ll have to sic the gators on ya.
SALT = NaCL = Now assholes Can’t Loot
How much of the liberal hatred of Mr. Trump is rooted in his passing of the SALT deduction limits?
ES&D CA/NY
The Tree of Liberty is washed by the rain of liberal tears….
Being from a state that has no state income tax (a red state), I was against people being able to deduct those taxes from their federal taxes. It allows the states with income tax (usually the blue ones) to pay less to the fed, while not reducing the federal dollars they receive for other benefits.
Ticks and fleas carry their diseases with them.
mortem tyrannis
izlamo delenda est …
NYC cityits are leave the city and moving to upstate NY and yes I can attest that their voting ideas come with them. It’s best to keep them out, just like you would the plague. They haven’t learned anything.