this post was submitted on 04 Dec 2023
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I don't blame them. People can't afford Bidenomics. I see people complaining all the time but elections have consequences.

I make a lot of money, so I am weathering it just fine. I am just not able to save as much as I would like.

As I said previously, I am not a fan of Trump but groceries were much cheaper under Trump. The cost of items was cheaper under Trump.

I can't think of any way my life was worse under Trump.

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[–] [email protected] 0 points 11 months ago (1 children)

I had my taxes raised as well but shouldn't we all want to pay more taxes? Or do Democrats only love taxes when someone else is taxed?

[–] [email protected] 0 points 11 months ago (1 children)

I had my taxes raised as well but shouldn't we all want to pay more taxes?

No, of course not. What kind of conservative are you supposed to be?

[–] [email protected] 0 points 11 months ago (1 children)

I have no desire to pay more in taxes but I also accept it's the cost of civilized society.

Most liberals are fairly dumb as they think Trump's "tax cuts" impacted the poor the most. The SALT tax cap was a smart move on Trump's part where it was a hidden tax on the rich. That is what nailed my taxes hard, but as a conservative, my state taxes shouldn't be a tax write-off for my federal taxes. Each coffer needs filling exclusive of the other.

As I said, I am not overly partisan. You have to look at the polices and view them as good or bad, without looking at the party.

[–] [email protected] 0 points 11 months ago (1 children)

I have no desire to pay more in taxes but I also accept it's the cost of civilized society.

If the Trump tax increases had coincided with an increase in public services, that would have been one thing. But they coincided with lower taxes on richer business owners, so I was opposed. I don't see why lower taxes on rich assholes should be my burden to bear but then I'm not Paul Ryan.

The SALT tax cap was a smart move on Trump's part where it was a hidden tax on the rich.

I mean it wasn't very hidden, and it wasn't on the "rich", it was on me.

That is what nailed my taxes hard, but as a conservative, my state taxes shouldn't be a tax write-off for my federal taxes.

Of course they should be. Don't be absurd.

Each coffer needs filling exclusive of the other.

But they aren't "exclusive." States receive large portions of their operating funding from Federal grants, but with the SALT cap, the state gets two bites at my income. That's unjust and something conservatives used to say they care about. Of course, it was always lies, wasn't it?

[–] [email protected] 0 points 11 months ago (1 children)

I mean it wasn’t very hidden, and it wasn’t on the “rich”, it was on me.

And the rich payed even more. You think rich people have cheaper property taxes than you?

[–] [email protected] 0 points 11 months ago (1 children)

And the rich payed even more. You think rich people have cheaper property taxes than you?

Do you think SALT is a cap on property taxes or something? What are you talking about?

Taxes on the rich declined under Trump. Of course they did - he's a Republican. And rich, too, at least that's what he always said.

[–] [email protected] 0 points 11 months ago (1 children)

Do you think SALT is a cap on property taxes or something? What are you talking about?

It;s a cap on the amount you can deduct.

https://www.nerdwallet.com/article/taxes/salt-tax-deduction

[–] [email protected] 0 points 11 months ago (1 children)

The amount of state income tax, specifically.

[–] [email protected] 0 points 11 months ago (1 children)
[–] [email protected] 0 points 11 months ago (1 children)

SALT doesn't have anything to do with property tax.

[–] [email protected] 0 points 11 months ago (1 children)

Yes it does. I even cited you an article. It’s literally what salt means. State and local Taxes

I’ll cite you something from the irs now. Rarely do I see someone so confident when they are wrong.

https://www.irs.gov/pub/irs-drop/n-20-75.pdf

(1) Section 164(a) of the Internal Revenue Code (Code) generally allows a deduction for certain taxes for the taxable year within which paid or accrued, including: (i) State and local, and foreign, real property taxes

[–] [email protected] 0 points 11 months ago (1 children)

State and local Taxes

Income taxes. How did you not get that?

[–] [email protected] 0 points 11 months ago (1 children)

Were part of personal property tax that I have cited twice now do you not understand?

[–] [email protected] 0 points 11 months ago (1 children)

What don't you understand? I'm talking about income tax.

[–] [email protected] 0 points 11 months ago (1 children)

SALT is tied back to income taxes and deductions. If you don't understand taxes, then ask questions instead of pretending and just looking foolish. Claiming property taxes are not part of SALT is easily disprovable and was a huge debate when it happened.

Previously you got to deduct as much property tax as you had. In a blue state that can be significant because they just can't stop taxing you.

Trump put a limit of 10K of SALT. While income tax is part of SALT it isn't everything. The property tax is what caused a significant tax increase for the rich.

I have now determined you don't have an expensive home or have much income, otherwise you would have instantly known what I was talking about since it was all over the news and people in blue states were angry as hell.

SALT shouldn't even be a deduction on federal taxes. You need to pay both groups. Otherwise it gives blue states the ability to dodge federal taxes.

[–] [email protected] 0 points 11 months ago (1 children)

SALT is tied back to income taxes and deductions. If you don't understand taxes, then ask questions instead of pretending and just looking foolish.

Yes, it's the Federal deduction of state income tax paid. Trump placed a cap on this deduction that hugely raised my fucking taxes.

What are you still confused about, here?

Trump put a limit of 10K of SALT.

Yes! As a result, my Federal income tax liability fucking increased!

How are you still so completely confused, here?

[–] [email protected] 0 points 11 months ago (1 children)

Yes, it’s the Federal deduction of state income tax paid. No, that isn't correct.The cite I gave you explains it. Income tax is just one portion of it.

What are you still confused about, here?

I am not the one confused. Even through I have cited it twice, you still can't grasp it's more than income tax. How about you cite where it's only income tax.

Yes! As a result, my Federal income tax liability fucking increased!

As it should have. You should be happy to pay more taxes.

[–] [email protected] 0 points 11 months ago* (last edited 11 months ago) (1 children)

I am not the one confused.

You're incredibly confused. You believe I'm talking about property tax, but I'm talking about income tax.

As it should have.

No, it shouldn't have. A US state shouldn't be permitted to tax the same income twice. Each jurisdiction justly gets one bite of the apple; deduction of state taxes prevents the state from biting twice (once when you pay them, and again when they receive Federal grants.)

You should be happy to pay more taxes.

No, I vote for candidates who lower my taxes, so that I have more money.

[–] [email protected] 0 points 11 months ago (1 children)

SALT is SALT.

No, it shouldn’t have. A US state shouldn’t be permitted to tax the same income twice. Each jurisdiction justly gets one bite of the apple; deduction of state taxes prevents the state from biting twice (once when you pay them, and again when they receive Federal grants.)

I disagree. If you choose to live in a high tax state, that is your choice. It shouldn't impact the funding of the federal government. This was always a bad decision.

No, I vote for candidates who lower my taxes, so that I have more money.

You don't vote Republican.

[–] [email protected] 0 points 11 months ago (1 children)

If you choose to live in a high tax state, that is your choice.

If you choose to live in a state that receives a substantial portion of its operating funds from Federal grants, that's your choice. It's not my obligation to fund your lifestyle through double state taxation.

I'd favor an end to SALT deductions if we also ended all Federal grants to states. Agree? Oh, but you probably live in Florida, a state funded largely by placing a burden on all other Americans.

You don't vote Republican.

I do and have. But why would I continue to, when they raised my taxes and insist on lionizing incompetent losers like Trump? Joe Biden wins. Why wouldn't I follow the winner?

[–] [email protected] 0 points 11 months ago (1 children)

If you choose to live in a state that receives a substantial portion of its operating funds from Federal grants, that’s your choice. It’s not my obligation to fund your lifestyle through double state taxation.

What state do you think operates primarily from grants? I am not aware of any.

Oh, but you probably live in Florida

Look at my name. I live in Oregon. It's not that hard to figure out.

[–] [email protected] 0 points 11 months ago (1 children)

What state do you think operates primarily from grants?

Did I say "primarily"? You keep responding to points you're imagining.

I live in Oregon.

I mean, I'm not actually a frog.

[–] [email protected] 0 points 11 months ago (1 children)

If you choose to live in a state that receives a substantial portion of its operating funds from Federal grants

then what did you mean by this statement? What do you call substantial ?

I mean, I’m not actually a frog.

The jury is still out on that.

[–] [email protected] 0 points 11 months ago (1 children)

then what did you mean by this statement? What do you call substantial ?

"More than insubstantial." Does plain English just puzzle you, or something?

[–] [email protected] 0 points 11 months ago

It’s a vague word. As I tell my kid. Use your words