Thread: Thanks Trump
View Single Post
Old 04-14-2019, 12:22 PM   #11
KRAM36
Need For Speed
 
KRAM36's Avatar
 
Join Date: Feb 2013
Location: Funville
Posts: 2,114
Garage
Quote:
Originally Posted by Perfectlap View Post
We're living off the federal tax system? Oh really.

What part of we don't get back to our state what we contributed federally is lost on you? Let me get this straight... Your state received no federal subsidies? Sure it didn't. You pay taxes on healthcare benefits and never deducted mortgage interest? Or do you only call out the deductions that you don't personally profit from?

our state taxes are high because we produce high earning workers who contribute an outsized share of federal tax revenue that benefits half the states that pay NOTHING to fund our militaries, off budget war spending, federal college programs, Medicare and all the other must-pays (Mitt Romney was right about the 47% too bad he was talking about half his party's base).
Yes you were getting a big break on your Federal Tax due to your high State tax.

I've never had to pay taxes on my health insurance, I've never owned a house that the interest on it met the amount needed to be able to deduct the interest paid vs my income.

Dude, you live in one of the highest taxed States in the USA. From the link I gave in my second post.

Quote:
New Jersey Taxpayers

New Jersey residents pay famously high income and property taxes. It’s no surprise, then, that 41% of New Jersey tax returns claimed a deduction for state and local taxes. The average amount of that deduction was $17,183.33.
https://smartasset.com/taxes/trumps-plan-to-eliminate-the-state-and-local-tax-deduction-explained

If you don't like the high State and Local taxes you pay, vote in people that will reduce them.
__________________
2003 Boxster S
| 987 Air Box | K&N Air Filter | 76mm Intake Pipe| 996 76mm TB | 997 Distribution T | Secondary Cat Delete Pipes | Borla Muffler | NHP 200 Cell Exhaust Headers |
KRAM36 is offline   Reply With Quote