Reply to 2025 SALT Deductions

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]if your MAGI is under $500,000.  Phases down to $10,000 if MAGI is over $600,000[/quote]

As it should[/quote]

Not necessarily - it still encourages wealthy people to move to Florida or Texas or other no/low tax states. [/quote]

wealthy people don't want to live in texas or florida.[/quote]

Based on typical late‑2025 inventory patterns:

- Washington DC metro: a few dozen homes for sale with asking prices above $5 million (concentrated in Northwest DC, close‑in Montgomery County, and Northern Virginia).

- Florida statewide: low hundreds of homes for sale above $10 million (concentrated in Palm Beach County, Miami‑Dade, Broward, Collier/Naples, and the Keys). Large public portals list many ultra‑luxury properties but don’t provide a precise statewide count in one view.[/quote]
are you really comparing the entire state of Florida and its coastline with one metropolitan region with its own specific (government) industry? People from NY, Boston, and abroad also have been choosing to retire in Florida for the last 70 years now. Damn, MAGA is truly bad at reasoning[/quote]

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