Rural Lifestyle

Life in Rural America

Tag: local taxes

Liberal States Run Out Of Other Peoples Money

Kevin Felts, blogger and political commentator

It is finally happening, liberal states are running out of other peoples money and they are flipping out. Why are liberal states losing their minds? Because the recent tax reform bill signed into law by President Donald Trump limits how much state and local taxes (SALT) can be written off federal income taxes. The cap is $10,000.

No SALT taxes should be written off federal income taxes, period. The federal government should not be subsidizing local taxation. It a state or local area passes a tax, it should be up to the citizens who are affected by that tax who should pay for it. People from Texas should not be subsidizing taxes passed in New York or California.

Kevin Felts © 2008 - 2018