Thursday, September 27, 2018

Even for Californians, Federal Taxes Are Going Down | The Heritage Foundation

Even for Californians, Federal Taxes Are Going Down | The Heritage Foundation:

Image result for flickr commons images california flagConsidering the rhetoric swirling around the tax cuts, it’s ironic that many of the areas getting the biggest tax relief — both as a percentage of income taxes paid and sheer volume of dollars — are represented by Democrats. The Republicans delivered the tax cuts, but Democrats are benefiting just as much, if not more.
The SALT cap moves the federal tax code toward the bipartisan goal of fairness and equity between taxpayers of similar incomes. Yes, a small fraction of Californians may see their taxes go up. But this is not because the federal tax system is somehow tilted against Democrats or California. It’s because California’s state taxes are too high. Blame Sacramento, not Washington.

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