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Reply to "Is there any momentum to increase SALT limit"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s ridiculous we spend all this energy arguing over whether the SALT deduction is hood tax policy or not when the QBI pass thru is literally the worst piece of tax policy of the ladt 50 years. The Trump tax bill was explicitly designed to help Trump and people like him and to screw Democrats and blue states[/quote] I LOVE the QBI deduction – it was like a $35K deduction that came out of nowhere! And yes, I’m a Trump voter; you can suck it. And by the way, if you’re admitting that the engine of economic growth - small business - overwhelmingly favors Republicans, what does that say about Democrats?[/quote] Nope, large businesses drive the economy and the trend has been becoming even more pronounced over the last 20 years. Even the Small Business Administration admits that large businesses account for more GDP growth than small businesses. There is absolutely no economic policy justification to favor smaller pass-through businesses. Just a gift to the Republican base, like you. https://advocacy.sba.gov/2019/01/30/small-businesses-generate-44-percent-of-u-s-economic-activity/[/quote]
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