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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are going to get killed on loosing the state and local tax deduction. Virginia’s rate is 5.75% (not even that high) which is $11,500 for a family making 200,000. $17,250 if you make $300k. And that is before mortgage interest, which is another $8-12k for most people. Guess we’ll be taking the standard. Ugh.[/quote]

Why should the federal tax structure subsidize states that have ludicrously exorbitant state tax rates whether state income tax or property taxes?

If your argument is that these taxes are needed to pay for services that the state provides then you should be willing to pay for it without the federal government chipping in by providing a deduction against federal taxes.[/quote]

I’d counter that with the fact that low tax states tend to receive more than they pay in federal taxes.  Maybe they shouldn’t get as much then? Why should blue states subsidize red states? Seems like they should take care of themselves, right?[/quote]

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