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  Topic: The Blue Tax
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The Blue Tax
National Review Online, by Editorial

Original Article

Posted By:Dreadnought, 12/14/2012 8:22:20 PM

Republicans have agreed to a tax increase of $800 billion over ten years as part of the negotiations regarding the so-called fiscal cliff. Even as Republicans refuse to call it a tax hike (“revenues,” indeed), there are better and worse ways to go about this unpleasant business, and one simple reform would raise all that money and more: eliminating the federal deduction for state and local taxes. While we would prefer no tax increase at all, eliminating this deduction would be a sensible reform of the tax code, and could be paired with tax cuts elsewhere

  

Post Reply  

Reply 1 - Posted by: ColonialAmerican1623, 12/14/2012 8:58:32 PM     (No. 9066361)

Make that blues. We will all have the blues when they are done.

How about those federal employees that haven´t paid their taxes ?


Reply 2 - Posted by: whyyeseyec, 12/14/2012 9:47:24 PM     (No. 9066440)

Stopping tax deductions is a tax increase on those who take advantage of them. Once they are gone they will never come back. Then, when the govn spends all that money, which they will before they even get it, a future congress will come along and raise taxes yet again. It never stops.


   

 

  


 
Reply 3 - Posted by: Trigger2, 12/15/2012 3:38:53 AM     (No. 9066725)

Don´t give Barry one red cent. He plans on spending every cent he gets plus twice as much. Cut the damn spending.


Reply 4 - Posted by: Spidey, 12/15/2012 4:15:10 AM     (No. 9066749)

Ronald Reagan made this sort of deal with the left when he got rid of deductions for credit card interest and the left never cut spending like they promised.I think getting rid of this deduction led to the recesion that eventually cost old man Bush his 2nd term not to mention him making another deal with the slick,lying left.

I´m all for raising taxes on liberals so they feel the pain of paying for their social schemes but homeowners are under enough stress with property taxes and insurance going up. Then you have Obamacare coming down the pike hitting homeowners simply because they work and are targets of the left.
The people that really need taxing are the types that bundled and donated to Obama at $50,000 a pop.


Reply 5 - Posted by: Axeman, 12/15/2012 6:01:23 AM     (No. 9066794)

I don´t fancy paying taxes on tax. Too much double taxation already. Any money that has been taken from me by one gov´t agency should not be there to be taxed by another. This has gone too far already. At the gas pump we pay the price of the fuel, state and federal excise tax are added, then we pay sales tax on the total. There are a lot of other examples like this. It is not fair to tax money that I never had available to use in the first place.


Reply 6 - Posted by: fritzilou, 12/15/2012 9:31:18 AM     (No. 9067103)

A tax by any other name is still a tax. We are taxed to much and spend more than to much. We are capitulating to propaganda. Cut the Federal government across the board, which will require those heads of departments to live within their means. That might mean no more lavish vacations and no raises for a few years; so be it.

The insane are making the decisions; it is sickening.



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