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In reply to the discussion: What has increased in cost under Trump. Had one saying Trump better because less taxes, ACA cost him [View all]JustAnotherGen
(31,811 posts)If you live in a high property and income tax state - it's a direct hit on your finances. NJ -
That cap means I can only deduct 10K from the IRS for my state and property taxes. My property taxes are just under 10 K and my income tax is over 10K.
I'm basically paying property taxes to support our local schools (about $2900 per quarter) AND property taxes to Fed Gov. We get 83 cents back for every dollar we send to DC.
If one lives in a low payment, high return state that does NOT fund it's public schools - it's an even bigger win for them. It's a complete transfer of wealth to those who wish to not do their civic duty and fund their own damn schools. And it's not lost on me that many of these states fund their 'Christian Schools' and leave their de facto segregated school children to suffer.
Tariffs - the first year of the new tariffs - my companies tariffs bill went from about $2 million per year to $98 million per year.
US Manufacturer.
They aren't processing duty drawback or made in the usa certificates anymore - they are only focused on detaining new Americans who are undocumented, locking their children into cages, and inflicting monumental amounts of abuse of those innocents.
So yeah - I'm 'whining' - don't care. I've had it.
110 days.