“Californians would face the largest net tax increase, at $12.1 billion in 2027 alone.... used to partly fund the tax cuts flowing to other parts of the country.” https://itep.org/house-tax-plan-offers-an-exceptionally-bad-deal-for-california-new-york-new-jersey-and-maryland/ …
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Key long term solution to the tangled state / federal fiscal relationship is devolving power from DC. Respect the principle of subsidiarity that jerry has successfully implemented in CA. Mechanism would be an article five con con which is closer than many realize
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Areas with denser housing markets are also more likely to have more people with mortgages over the fully-halved interest deduction limit. Whether that’s fair is one thing, but paired with private jet exemptions and estate tax repeal?
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So super rich would get taxed more in California? What’s the problem
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