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Reply to "The increase in SALT caps is so ridiculous"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ironically Democrats are going to profit more from the BBB than Republicans especially in a state like NY where people can pay $30k+ in property taxes alone in counties like Westchester.[/quote] And this means in those states home prices are likely not going down because every prospective buyers will be told about the SALT benefit. I hope when Dems come back in power they let it expire. Will they lol? Sh the irony ....[/quote] It's not a true benefit...you still pay the higher tax and deduct only a small portion. It was done to punish people in blue states who pay more taxes typically.[/quote] It's this exactly, but too many red states were impacted because 10k was far too low[/quote]
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