2017-09-30 Home Front: Politix
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Trump's tax plan is ALREADY in trouble with his own party
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- [Daily Mail, Where America Gets Its News] The White House's tax plan proposes to raise $1 trillion over 10 years by eliminating the deduction for the state and local income taxes people pay
- That's drawing howls of protest from Republicans whose states charge high income tax rates
- Seven states have no income taxes, meaning their citizens wouldn't be affected
- But some states charge up to 13.3 per cent on top of federal taxes
- A family in Los Angeles earning $100,000 would have to fork over roughly an additional $1,800 to Washington if the longstanding deduction goes away
- Trump is pitching his tax plan to the National Association of Manufacturers on Friday
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Posted by Fred 2017-09-30 00:00||
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Posted by Anomalous Sources 2017-09-30 00:31||
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Posted by Raj 2017-09-30 00:38||
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Posted by g(r)omgoru 2017-09-30 03:26||
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Posted by Pappy 2017-09-30 11:28||
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Posted by newc 2017-09-30 20:27||
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