ST Alpha - "ahhhhh, got it (thanks) -- nm" (Reading a Post)

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In response to "Orange bar is complete repeal. Red bar is disallowing everything over $72,500 in taxes. -- (edited)" by spamlet

ahhhhh, got it (thanks) -- nm

Posted by ty97 Nov 4 '21, 04:55

(No message)

Responses:

once again, we need COL adjustments in things....... (that's not gonna happen though) -- nm - ty97 Nov 4, 04:57
My IM isn’t right that’s too high (I thought the personal and corporate rates were closer) - spamlet Nov 4, 04:57 9
- I was wondering about your IM, it seemed low. - ty97 Nov 4, 04:58 8
  - I’m sure it does as the deduction includes property taxes. - spamlet Nov 4, 05:03 7
    - I just can't remember if we currently have a single 10k cap on the combination of both? Or a 10k cap on each? -- nm - ty97 Nov 4, 05:05 6
      - Combined cap. -- nm - spamlet Nov 4, 05:22 5
        
        Well that's pretty awful -- nm - ty97 Nov 4, 05:27 4
        
        Depends on how you look at it. They’re going to raise the money one way or another. - spamlet Nov 4, 05:40 3
        
        "They’re going to raise the money one way or another." isn't true. - ty97 Nov 4, 05:43 2
        
        I meant the Feds in that statement. And I honestly think the deduction should be zero which would take care of the IM. -- nm - spamlet Nov 4, 05:45 1
        
        Again I disagree. - ty97 Nov 4, 06:31

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