Why keep SALT? What is the principle to not change it?

I would eliminate completely. Genuine question why should state taxes be deducted from federal tax burden when almost all of federal budget is SS, Medicare, Medicaid and Defense?

Simpson Bowles would have stopped this, but there is no political will in Washington to refine entitlements unfortunately

[Post edited by HokieHutch at 11/04/2017 08:23AM]

In response to this post by vt_mughal

Posted: 11/04/2017 at 08:00AM

I know it's going to change, but I think I'm gonna get screwed on this tax -- halesvb11 11/03/2017 9:32PM

Wait, what? When are they doing away with Strategic Arms Limitation Treaty? -- Freddyburg Hokie 11/04/2017 3:44PM

Family of four: double standard deduction, eliminate personal exemptions -- GOHOKEE 11/04/2017 10:50AM

$86k and under pay less ** -- 133743Hokie 11/04/2017 4:24PM

That's my concern. The House/Senate will screw it up. ** -- CochraneResident 11/04/2017 10:53AM

When posting, avoid the topics of politics, religion and race. ** -- Brown Water 11/04/2017 08:49AM

Corollary - When the topics of politics, religion and race are posted, -- VaTechie 11/04/2017 10:07AM

Seems fairly benign to me. I've been educated on other's persepectives -- CochraneResident 11/04/2017 10:09AM

Oh, I would love to participate, -- VaTechie 11/04/2017 10:15AM

GEtting rid of SALT is makes absolutely NO sense. -- vt_mughal 11/03/2017 10:18PM

Are you against estate and capital gains taxes then? ** -- RoswellGAHokie 11/04/2017 09:46AM

Estate taxes don't make sense, but what's wrong with capital gains? -- CochraneResident 11/04/2017 10:03AM

You bet ya! Lets move to a flat tax! ** -- EDGEMAN 11/04/2017 09:52AM

Why keep SALT? What is the principle to not change it? -- HokieHutch 11/04/2017 08:00AM

Because you are then paying taxes on money you haven't even received.... -- CochraneResident 11/04/2017 09:42AM

SALT is at its heaviest in the northeast -- capitals1 11/03/2017 11:31PM

And power brokers are in the NE. This isn't going anywhere. -- CochraneResident 11/04/2017 03:13AM

Your paying money on level of income, -- RTFC 11/03/2017 10:54PM

Why should residents of low tax states subsidize residents of... -- EDGEMAN 11/04/2017 07:12AM

You should be federally taxed on your income level -- RTFC 11/05/2017 6:12PM

That's the argument, but in reality it doesn't hold up... -- BB Hokie 11/04/2017 08:22AM

It's fairly common knowledge that the GOP states use a -- CochraneResident 11/04/2017 09:08AM

Pretty good counter argument. ** -- Late 80s Hokie 11/04/2017 08:46AM

I haven't read the details yet, but I think I may be in the same boat. -- MP4VT2004 11/03/2017 9:47PM

If you own your own business, write that off that as an expense -- EDGEMAN 11/04/2017 07:13AM

They are doubling the standard deduction. Is your truck more than $12K per -- CochraneResident 11/04/2017 10:07AM

Why would you assume that about me? I am a miscreant. -- MP4VT2004 11/04/2017 10:25AM

Need to leave your high tax state/city. ** -- RoswellGAHokie 11/03/2017 9:41PM

Easier said than done ** -- Brown Water 11/04/2017 07:07AM

Why keep SALT? What is the principle to not change it?

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