Of Liberals and Loopholes: The current tax code favors high-tax states. “In 2010, the deduction for state and local income taxes for all states amounted to $249.7 billion. …$51 billion of those writeoffs were claimed by residents of one state, California. And five liberal states—California, New York, New Jersey, Maryland and Massachusetts—accounted for about $121.8 billion. A mere five states accounted for nearly half the federal revenue lost from this tax deduction.”

highest tax deductions by state

{ 7 comments… read them below or add one }

ooddballz December 18, 2012 at 9:36 am

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LIBERAL GREED!

Hey Cheetos boy, the liberals are tired of supporting you too.

RobertW December 18, 2012 at 1:05 pm

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damnit ooddballz, i had a zinger too. but yours… sirpube i mean superb.

also, i have no idea what this means. but as for Texas, if it’s bad, it’s from Dallasisstan, Austigmatismstan (remember Charles Whitman,) El Pariahso (aka gateway to America, if you been there, you’ve seen Juarrez and can understand why America is the (or at least it once was) the land of opportunity and freedom), and Laredoperstanikanquetzalcoatl.

Houstecankissmyasskickinstinkistan.
brownnoserville.

ThatOtherGuy December 18, 2012 at 2:10 pm

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I’m not for taxes, but if you vote yourself high local taxes, why should the rest of us pay to support these states high taxes? I say get rid of the deduction all together, not even link it to $250k.

RobertW December 18, 2012 at 2:20 pm

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states’

RobertW December 18, 2012 at 2:50 pm

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IHTM, where the English teacher get’s dt’d.

RobertW December 18, 2012 at 10:30 pm

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lol i not a real teacher
i only play one on IHTM
ftw!

poppajoe49 December 19, 2012 at 5:04 am

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Well, of course we are paying for the givebacks to the reliable supporters of the regime.

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