ST Alpha - "Depends on how you look at it. They’re going to raise the money one way or another. " (Reading a Post)

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In response to "Well that's pretty awful -- nm" by ty97

Depends on how you look at it. They’re going to raise the money one way or another.

Posted by spamlet Nov 4 '21, 05:40

Deductions just push up the rate for everyone.

Plus there’s 6 states that give you a deduction for fed taxes still and none of them are the ones screaming about the SALT deduction. Why should the reverse be true?

https://www.thebalance.com/deducting-federal-income-taxes-on-your-state-return-3193248 (www.thebalance.com)

Responses:

"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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Depends on how you look at it. They’re going to raise the money one way or another.

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