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

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8 Comments on "Of Liberals and Loopholes: The current tax code favors high-tax states"

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Member
ooddballz
December 18, 2012 9:36 am

LIBERAL GREED!

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

Member
December 18, 2012 1:05 pm

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.

Member
ThatOtherGuy
December 18, 2012 2:10 pm

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.

Member
December 18, 2012 2:20 pm

states’

Member
December 18, 2012 2:50 pm

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

Member
December 18, 2012 10:30 pm

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

Member
poppajoe49
December 19, 2012 5:04 am

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

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