While $80,000 in SALT is a high amount, $10,000 is way too low in the North East. I payed approximately $20,000 in past years which saved me about $1,000 on my federal taxes. The standard deduction is $16000 for a couple, by being able to be duct my SALT Instead of my SD I saved about 28% of the $4,000 difference, or about $20 a week in federal tax. Not a huge amount but nice to have for a family. The extreme ($80,000) rarely show the whole picture.
We would all like to be taxed less, but nobody wants to cut services. My wife lived in the south where contributing to the fire department was optional. If you had a fire, and had not contributed your house burned down while they looked on to make sure it didn’t spread to people who did pay. I also like the road’s plowed. We can get over 10ft of snow a year.
Sure... Nobody likes to cut services but those are choices that have been made by the denizens of those states and the SALT deduction is tacitly a subsidy for those choices. I live in the South and private fire departments are an extreme rarity even for very rural areas. The vast vast majority of us pay for these services with our taxes.
The conclusion to draw is the same it was through the entirety of the Trump Administration - Mr. Trump is a criminal and surrouds himself with criminals. These people are hell bent on destroying democracy.
The conclusion I draw from Trump and his people telling the J6 panel to pound sand is that future investigations by the GOP of some Democrat bad behavior will be met with the same response.
Seems to me this is SOP. Delay, deflect and not cooperate are essential tools in a lawyers repertoire.
Do have a question though. The National Archives. Do we, as the public, have access to the documents there or do we need permission to read about what those who rule us do?
While $80,000 in SALT is a high amount, $10,000 is way too low in the North East. I payed approximately $20,000 in past years which saved me about $1,000 on my federal taxes. The standard deduction is $16000 for a couple, by being able to be duct my SALT Instead of my SD I saved about 28% of the $4,000 difference, or about $20 a week in federal tax. Not a huge amount but nice to have for a family. The extreme ($80,000) rarely show the whole picture.
I'd like to think the low SALT deduction would motivate those impacted by it to go to their state and local governments and tell them to cut spending.
We would all like to be taxed less, but nobody wants to cut services. My wife lived in the south where contributing to the fire department was optional. If you had a fire, and had not contributed your house burned down while they looked on to make sure it didn’t spread to people who did pay. I also like the road’s plowed. We can get over 10ft of snow a year.
Sure... Nobody likes to cut services but those are choices that have been made by the denizens of those states and the SALT deduction is tacitly a subsidy for those choices. I live in the South and private fire departments are an extreme rarity even for very rural areas. The vast vast majority of us pay for these services with our taxes.
The conclusion to draw is the same it was through the entirety of the Trump Administration - Mr. Trump is a criminal and surrouds himself with criminals. These people are hell bent on destroying democracy.
The conclusion I draw from Trump and his people telling the J6 panel to pound sand is that future investigations by the GOP of some Democrat bad behavior will be met with the same response.
Seems to me this is SOP. Delay, deflect and not cooperate are essential tools in a lawyers repertoire.
Do have a question though. The National Archives. Do we, as the public, have access to the documents there or do we need permission to read about what those who rule us do?