Come on man... its the only fair thing to do. Hedge funds are being victimized by insurgents. Next they will go after corrupt politicians ownership in the companies they get kickbacks from.
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Come on man... its the only fair thing to do. Hedge funds are being victimized by insurgents. Next they will go after corrupt politicians ownership in the companies they get kickbacks from.
The new stimulus bill already rolls back the SALT cap that Trump put in place. That’s a gift to rich paying very high state and local taxes that can resume deducting an unlimited amount. How can anyone live in big expensive houses in NY and CA and pay all those high state and local taxes - answer: they don’t pay - federal tax payers do.
The SALT tax cap likely caused people to move out of high tax states because they actually had to pay fucking taxes...it should eliminated. More info here: https://www.brookings.edu/blog/up-front/2020/09/04/the-salt-tax-deduction-is-a-handout-to-the-rich-it-should-be-eliminated-not-expanded/