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King County property taxes up as much as 31%

135

Comments

  • Kaepsknee
    Kaepsknee Member Posts: 14,919

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
  • Sledog
    Sledog Member Posts: 38,627 Standard Supporter
    How many on here would this apply too?

    "Specifically, the GOP tax plan proposes cutting the cap on mortgage interest deductions on newly purchased homes. Currently, a married couple can deduct interest on mortgages of up to $1,000,000; the GOP plan would cut that to $500,000. Similarly, deductions of state and local property tax would be capped at $10,000."
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,606 Founders Club
    salemcoog said:

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
    The Feds have no responsibility to cover for states with high income tax. Pulled straight out of your ass

    Not giving a tax break is not a tax
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    How many on here would this apply too?

    "Specifically, the GOP tax plan proposes cutting the cap on mortgage interest deductions on newly purchased homes. Currently, a married couple can deduct interest on mortgages of up to $1,000,000; the GOP plan would cut that to $500,000. Similarly, deductions of state and local property tax would be capped at $10,000."

    Except now that's meaningless for most as the standard deduction went up too.
  • Kaepsknee
    Kaepsknee Member Posts: 14,919

    salemcoog said:

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
    The Feds have no responsibility to cover for states with high income tax. Pulled straight out of your ass

    Not giving a tax break is not a tax
    When the Feds are taxing dollars that you've paid to the state, county or municipality, that is taxing a tax.

    Hope this helps.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,606 Founders Club
    salemcoog said:

    salemcoog said:

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
    The Feds have no responsibility to cover for states with high income tax. Pulled straight out of your ass

    Not giving a tax break is not a tax
    When the Feds are taxing dollars that you've paid to the state, county or municipality, that is taxing a tax.

    Hope this helps.
    This is new? You would still get to deduct up to 10 grand if you lived in California and could make that much. Which you can't

    The Feds tax dollars that were already taxed a bunch of times when you die
  • Kaepsknee
    Kaepsknee Member Posts: 14,919

    salemcoog said:

    salemcoog said:

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
    The Feds have no responsibility to cover for states with high income tax. Pulled straight out of your ass

    Not giving a tax break is not a tax
    When the Feds are taxing dollars that you've paid to the state, county or municipality, that is taxing a tax.

    Hope this helps.
    This is new? You would still get to deduct up to 10 grand if you lived in California and could make that much. Which you can't

    The Feds tax dollars that were already taxed a bunch of times when you die
    Fucking English Puhreeze???
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,606 Founders Club
    It wouldn't help
  • TurdBomber
    TurdBomber Member Posts: 20,051 Standard Supporter
    One must admit and acknowledge the brilliance of fucking all the most expensive, heavily taxed locales in the US, mostly run by tax & spend liberal democrats, by limiting the state & local deduction to 10k. Being that all tax credits and deductions are subsidies, the feds have said "we aren't giving you subsidized tax breaks for your high local taxes anymore. Now, you have to justify them in the face of the people who pay them and can't write them off." I see some local tax revolts, right quick. Maybe starting in Seattle.

    At the end of the day, most folks worry more about money than Transgender Intersectionalism and which bathroom chicks with dicks use. These limited write-offs will expose that fact.