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In reply to the discussion: Bernie Sanders Splits With Nancy Pelosi, Chuck Schumer Over Tax Deduction in Dem States [View all]George II
(67,782 posts)68. He's not going to get many votes from the white working class if he gets his way....
The white (and rest of the) working class is being hurt by retaining the cap. Tens of thousands of taxpayers in VERMONT, virtually all white working class, are affected by the cap.
This isn't good for the revolution.
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Bernie Sanders Splits With Nancy Pelosi, Chuck Schumer Over Tax Deduction in Dem States [View all]
Yo_Mama_Been_Loggin
May 2021
OP
Bernie-- you can't have everything you want. The SALT deduction helps more than it hurts.
TreasonousBastard
May 2021
#2
There's a whole lot of numbers in there, but no specifics of where they came from...
TreasonousBastard
May 2021
#8
The non-itemizing personal federal deduction is $12,550 (2021). If the SALT deduction fight...
PoliticAverse
May 2021
#9
Do many lower income people have state income & property tax bills of well over 10K ?
MichMan
May 2021
#10
Wrong. Eliminating that deduction hurt tens of millions of middle class working people.
George II
May 2021
#21
The deduction overwhelmingly benefits the 1%, who are the ones that (obviously) pay the most p
PoliticAverse
May 2021
#34
That article only addresses state income taxes, not real estate taxes. There are a lot of people...
George II
May 2021
#38
The SALT cap is most definately not regressive as shown by your own example.
PoliticAverse
May 2021
#39
But everyone over that, which is just about half the people in CT, are above the cap....
George II
May 2021
#44
Flat Earther article, They left out people ... NOT ... buying houses because of no SALT deductions
uponit7771
May 2021
#49
As some of the other posters have indicated, eliminating the SALT deduction has depressed housing
PoliticAverse
May 2021
#51
It's not just a matter of political instincts. It's a matter of common sense and reality.
George II
May 2021
#22
Just saw that the average property tax bill in New Jersey is $9,111 and 40% of the state's
betsuni
May 2021
#12
Everyone that itemizes and pays property taxes "uses the deduction", but that doesn't mean
PoliticAverse
May 2021
#13
Average property tax in New Jersey is $9,112. Half are below $9112, half are above $9112...
George II
May 2021
#61
No, only "median" means "half above". "Average" is the arithmetic average
PoliticAverse
May 2021
#62
Same in Virginia. I'm about average in my county; losing SALT was a huge tax hike.
lagomorph777
May 2021
#53
Plus the cap is on both real estate AND state income taxes, not just real estate taxes....
George II
May 2021
#42
Well then, you just have to give up living the high life along with all those 1%ers....
George II
May 2021
#55
2.4 million people in Connecticut (67%) live in one-family homes, only 20,000 live in mobile homes.
George II
May 2021
#40
SALT isn't only related to property, Sanders is text book on the wrong side of this issue
uponit7771
May 2021
#47
Bernie isn't being factual in one bit, he's technically wrong on which states SALT benefits the most
uponit7771
May 2021
#46
"Sanders says it's unsustainable for the Democratic Party to keep losing non-college educated
betsuni
May 2021
#14
Where has he been? Reinstating this deduction will attract LOTS of "non-college educated" voters...
George II
May 2021
#24
"I think ... in many ways the Democratic Party has become a party of the coastal elites,
betsuni
May 2021
#60
Coastal elites again. So who has "a lot of money" and lives about 100 miles from the Atlantic coast?
George II
May 2021
#75
He's not going to get many votes from the white working class if he gets his way....
George II
May 2021
#68
The message is: there is no indexing of taxes for cost of living and unrepresented big states
Johonny
May 2021
#15
Bernie is wrong. We are not rich and that Trump GOP penalty on us in CA hurt us.
ZonkerHarris
May 2021
#17
It cost us in Connecticut, but it would have even more so, like you, in California and New York.....
George II
May 2021
#25
and it must be remembered that this was political retaliation by the GOP on blue states
ZonkerHarris
May 2021
#32
NOT bringing back the SALT deduction sent a "terrible terrible message". Where was he when this....
George II
May 2021
#20
We're probably not the best example now, but when it was eliminated my wife was still working....
George II
May 2021
#30
That's if the issue is actually about lower-income earners and not about helping the 1%
PoliticAverse
May 2021
#35
Bernie is dead wrong about this. The SALT tax deduction allows blue states to keep more of its tax..
Yavin4
May 2021
#36
Sanders is proffering flat earth logic on SALT thinks it benefits NY and CA mostly
uponit7771
May 2021
#45
Bernie is wrong. SALT deduction is a middle-class deduction. Trump hiked my taxes.
lagomorph777
May 2021
#52
Stop it Bernie. Lots of middle class pay taxes in these states and they ain't rich.
boston bean
May 2021
#54