Blue States fear losing tax loophole

Blue States fear losing tax loophole. “What’s the least defensible special break in the U.S. tax code?… If forced to pick, I might say the deduction for state and local taxes, which cost $67 billion in fiscal 2011, according to the congressional Joint Committee on Taxation.” And one that Blue State Democrats, like Nancy Pelosi and Chuck Schumer, are anxious to retain. Hey, GOP – make ’em live up to their rule book: Tax the Rich Blue Staters!

Author: Bonfire of the Absurdities

After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

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