Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:There are no GOP Senators who care about SALT and the bill hasn’t passed yet so you have no idea what is going to happen.
The margins in the House are razor-thin, they're already mad about a bunch of other changes in the Senate bill, and if the NY Republicans tank the bill then SALT caps go away entirely and they come off to their constituents as heroes, so I think they're very likely to hold firm there. They'll pass something and then go to conference and the final bill will greatly increase SALT caps.
Under the iteration most likely to pass, people making over certain income thresholds get no benefit from the changes. So, this will be irrelevant to those impacted by Mamdani’s insane proposed tax hikes
Exactly. I am far from rich but when the reduction was made it had almost no negative impact on me as I wasn’t benefitting much to begin with due to AMT. Everyone is getting worked up over nothing.
That said, this is a mess for NYC. And it is a mess for Dems nationally. Fox News will have a field day and it will be a rallying cry for Republicans nationally. Similar to how AOC is their meal ticket - she doesn’t know when to shut up so feeds them sound bites. Their reporters specifically go to her rather than anyone else.
If people didn’t like Cuomo (which I get), Lander should have been the choice.
Yes, this is a disaster. I am bracing myself for rampant crime, drug addiction, and all the other delightful stuff that came out of electing a socialist in Portland and San Francisco.
I liked Lander and had long planned to rank him first, but shifted to Cuomo in the end when I felt I had no other choice. I'm guessing others in my shoes just stayed home.
Disaster.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:There are no GOP Senators who care about SALT and the bill hasn’t passed yet so you have no idea what is going to happen.
The margins in the House are razor-thin, they're already mad about a bunch of other changes in the Senate bill, and if the NY Republicans tank the bill then SALT caps go away entirely and they come off to their constituents as heroes, so I think they're very likely to hold firm there. They'll pass something and then go to conference and the final bill will greatly increase SALT caps.
Under the iteration most likely to pass, people making over certain income thresholds get no benefit from the changes. So, this will be irrelevant to those impacted by Mamdani’s insane proposed tax hikes
Exactly. I am far from rich but when the reduction was made it had almost no negative impact on me as I wasn’t benefitting much to begin with due to AMT. Everyone is getting worked up over nothing.
That said, this is a mess for NYC. And it is a mess for Dems nationally. Fox News will have a field day and it will be a rallying cry for Republicans nationally. Similar to how AOC is their meal ticket - she doesn’t know when to shut up so feeds them sound bites. Their reporters specifically go to her rather than anyone else.
If people didn’t like Cuomo (which I get), Lander should have been the choice.
Yes, this is a disaster. I am bracing myself for rampant crime, drug addiction, and all the other delightful stuff that came out of electing a socialist in Portland and San Francisco.
I liked Lander and had long planned to rank him first, but shifted to Cuomo in the end when I felt I had no other choice. I'm guessing others in my shoes just stayed home.
Disaster.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:There are no GOP Senators who care about SALT and the bill hasn’t passed yet so you have no idea what is going to happen.
The margins in the House are razor-thin, they're already mad about a bunch of other changes in the Senate bill, and if the NY Republicans tank the bill then SALT caps go away entirely and they come off to their constituents as heroes, so I think they're very likely to hold firm there. They'll pass something and then go to conference and the final bill will greatly increase SALT caps.
Under the iteration most likely to pass, people making over certain income thresholds get no benefit from the changes. So, this will be irrelevant to those impacted by Mamdani’s insane proposed tax hikes
Exactly. I am far from rich but when the reduction was made it had almost no negative impact on me as I wasn’t benefitting much to begin with due to AMT. Everyone is getting worked up over nothing.
That said, this is a mess for NYC. And it is a mess for Dems nationally. Fox News will have a field day and it will be a rallying cry for Republicans nationally. Similar to how AOC is their meal ticket - she doesn’t know when to shut up so feeds them sound bites. Their reporters specifically go to her rather than anyone else.
If people didn’t like Cuomo (which I get), Lander should have been the choice.
Anonymous wrote:Anonymous wrote:Anonymous wrote:There are no GOP Senators who care about SALT and the bill hasn’t passed yet so you have no idea what is going to happen.
The margins in the House are razor-thin, they're already mad about a bunch of other changes in the Senate bill, and if the NY Republicans tank the bill then SALT caps go away entirely and they come off to their constituents as heroes, so I think they're very likely to hold firm there. They'll pass something and then go to conference and the final bill will greatly increase SALT caps.
Under the iteration most likely to pass, people making over certain income thresholds get no benefit from the changes. So, this will be irrelevant to those impacted by Mamdani’s insane proposed tax hikes
Anonymous wrote:Anonymous wrote:There are no GOP Senators who care about SALT and the bill hasn’t passed yet so you have no idea what is going to happen.
The margins in the House are razor-thin, they're already mad about a bunch of other changes in the Senate bill, and if the NY Republicans tank the bill then SALT caps go away entirely and they come off to their constituents as heroes, so I think they're very likely to hold firm there. They'll pass something and then go to conference and the final bill will greatly increase SALT caps.
Anonymous wrote:There are no GOP Senators who care about SALT and the bill hasn’t passed yet so you have no idea what is going to happen.
Anonymous wrote:High taxes don't drive away wealthy people, this has been shown pretty consistently every time it's been tried - wealthy people are the *least* likely to move over higher costs, because they can easily afford them and they gain more by living somewhere with lots of fun stuff to do / interesting restaurants to eat at / etc. Being a multimillionaire in Montana is boring as heck.
(also worth noting that the federal SALT cap going from $10,000 to $40,000 is going to create a nice little window to increase state/local taxes without affecting people's bottom lines - Lawler giveth and Mamdani taketh away)
Anonymous wrote:Anonymous wrote:Mamdani supporter here. This was… not what I expected; I thought we might win a squeaker at best, now it sounds like Cuomo may not even contest the general because after this big a thrashing he doesn’t want to lose twice.
Anyway he’s a good guy, he’ll do NYC proud, and while I don’t think his *policies* will translate everywhere, I hope his campaign serves as a model for other Democrats because frankly they badly need one.
His policies won't even work in NYC. If he goes through with even half of what he promised, he'll be a disaster.