Quote:
Originally Posted by Riverman
SC,
You're making the mistake of thinking Republicans' rhetoric means anything. What they say is meaningless.
I don't think so - double taxation regarding dividends and corporate profits is something that Republicans both said
and cared about - high-income and high-wealth people are the primary beneficiaries of cutting or eliminating dividend taxation, so in that context Republicans aren't just talking. Same thing here - removing deductibility of state and local income taxes, as well as property taxes, hits high-income types more than anyone else. So removing those deductions is something that Republicans actually care about. Which is why this "plan" will never pass.
I did not at all mean that I thought Republicans would vote down this type of plan because it would expose their hypocrisy. LOL to that.