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Yo_Mama_Been_Loggin

(107,937 posts)
Mon Jan 3, 2022, 10:07 PM Jan 2022

Blue states ask Supreme Court to hear challenge to SALT cap

Four Democratic-leaning northeastern states are asking the Supreme Court to hear a case challenging the cap on the state and local tax (SALT) deduction created by Republicans' 2017 tax law.

New York, New Jersey, Connecticut and Maryland filed their petition to the high court after a federal appeals court ruled against them in October.

"I am proud we are taking this issue to the Supreme Court to continue to fight on behalf of New York taxpayers," Gov. Kathy Hochul (D) said in a news release Monday.

Republicans created a $10,000 limit on the SALT deduction as part of their 2017 tax law in order to raise revenue to help offset tax cuts elsewhere in the law. But the cap is unpopular with politicians in high-tax, Democratic-leaning states, who argue that it has led to tax increases for residents and makes it harder for their states' to provide robust public services.

https://www.msn.com/en-us/news/politics/blue-states-ask-supreme-court-to-hear-challenge-to-salt-cap/ar-AASoH4B

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Blue states ask Supreme Court to hear challenge to SALT cap (Original Post) Yo_Mama_Been_Loggin Jan 2022 OP
Tax the Rich... cinematicdiversions Jan 2022 #1
It's not just blue states... VarryOn Jan 2022 #2
This message was self-deleted by its author VarryOn Jan 2022 #3
How can this possibly be unconstitutional?! TheFarseer Jan 2022 #4
The case was dismissed in the lower courts, and there's almost no chance the Supreme Court takes it. tritsofme Jan 2022 #5
Because federalism of course FBaggins Jan 2022 #6
 

cinematicdiversions

(1,969 posts)
1. Tax the Rich...
Mon Jan 3, 2022, 10:12 PM
Jan 2022

I mean not our rich.... the other rich people...

Think the Greenwich Hedge Fund managers?

What would Tony Soprano deduct?

These people are barely making it on 400k a year... think of the poor.

Response to Yo_Mama_Been_Loggin (Original post)

TheFarseer

(9,322 posts)
4. How can this possibly be unconstitutional?!
Mon Jan 3, 2022, 10:46 PM
Jan 2022

If it is, can’t you challenge basically anything you don’t like about the tax code? Why not challenge the rates or the limits on childcare deductions? This is crazy to me!

tritsofme

(17,376 posts)
5. The case was dismissed in the lower courts, and there's almost no chance the Supreme Court takes it.
Mon Jan 3, 2022, 10:51 PM
Jan 2022

So you’re not wrong.

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