Title : Oh, come on. I'm sure it's possible. And now I feel challenged. The GOP tax bill is going to kill us all!
link : Oh, come on. I'm sure it's possible. And now I feel challenged. The GOP tax bill is going to kill us all!
Oh, come on. I'm sure it's possible. And now I feel challenged. The GOP tax bill is going to kill us all!
I'm reading the NYT headline: "You Cannot Be Too Cynical About the Republican Tax Bill."The most cynical thing I actually think is that the GOP benefited itself by shifting a big burden onto taxpayers in the high-taxing blue states while channeling a generous new advantage on the taxpayers in red states.
The above-linked column (by Thomas Edsall) quotes an unnamed "tax expert" on this subject:
Restriction on state and C local tax deduction — consciously vindictive imposition of double taxation on citizens of certain Democratic states; corporations and pass through businesses, the darlings of the Republicans, still get to deduct those very same taxes in full.I don't know what the "C" in "state and C local tax deduction" is supposed to mean. Some editing glitch, I'm guessing.
Anyway, I don't think it was so much "consciously vindictive" as it was consciously convenient. Why not burden people who weren't going to vote for you anyway? There was a tax benefit — the state and local deduction — that helped taxpayers in high-taxing/Democratic-voting states and was unavailable to people in lower-taxing/GOP-voting states. The people in the GOP-voting states were providing a higher proportion of the money that went to the federal government, even as these GOP-voting people tend to support less federal spending than the Democratic-voting people who were supplying less of the federal money. I can understand the GOP wanting to rebalance that out of a combination of fairness and their own political advantage.
I don't really see calling it "vindictive." That really is too cynical. And I'm saying that as someone who believes I will pay a lot more federal tax because of this change.
Thus articles Oh, come on. I'm sure it's possible. And now I feel challenged. The GOP tax bill is going to kill us all!
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