This is what I was thinking when he put a limit on SALT by capping it at 10k. Most millionaires and billionaires in New York were no longer able to write off an insane amount of money on their taxes. Hell, it even affected Trump's businesses.
Thats what the Dems wanted. But since most corporate moguls are Democrats, now its all of a sudden a bad thing to have such high taxes on the ultra rich.
They want to keep claiming that blue states give more to the federal government than they get by using the tax write off loophole.
Fuck these asshats. They deserve to bleed financially.
That was Trumps most ingenious move. “Ok I’ll raise taxes on the wealthy...”
This is what I was thinking when he put a limit on SALT by capping it at 10k. Most millionaires and billionaires in New York were no longer able to write off an insane amount of money on their taxes. Hell, it even affected Trump's businesses.
Thats what the Dems wanted. But since most corporate moguls are Democrats, now its all of a sudden a bad thing to have such high taxes on the ultra rich.
Imagine my surprise.