Quote:
Originally Posted by Jim in CT
SALT deductions are disproportionately available in certain states - liberal, high tax states. Everyone else's tax rates are higher than they would be, if those deductions did not exist.
|
But those high deductions are still paying a disproportionate amount of taxes. This is why the studies show Red states are on average consuming more Federal dollars than they provide. You're tax deduction theory is already factored in...