State Tax

California’s Plan To Dodge Tax Reform Is A Shell Game

When the Democrats were railing against the tax cut package which was passed before Christmas, one of their major rallying cries was to say that Trump and the Republicans were “punishing blue states” by capping SALT deductions (the amount of state and local taxes you pay which may then be deducted from your federal taxes) at $10K per year. Hardest “hit” were New York and California, with their respective governors vowing to #RESIST Trump and find a way to spare their people. While this would obviously be a silly idea in progressive circles, one response might have been to ask why they don’t stop taxing their residents at such insanely high levels. Perish the thought.

 

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