It's still a Democrats tax cut for the rich. Just not for Tom Steyer- and Mike Bloomberg-rich.https://twitter.com/RichardRubinDC/status/1207763374148345856 …
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yup! property and income. But crucially not sales and fees and such, which tend to hit lower income people much harder. That's why we have essentially a flat tax nationally when all taxes are taken into account.
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despite my own material interests here, I oppose reinstating the unlimited SALT deduction for the distributional reasons. But state-level tax policy as a whole is just insanely regressive, particularly in GOP-controlled states.
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Without SALT none of our charitable donations are deductible
End of conversation
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