"As a conservative, I tend to side with the GOP almost exclusively. However, if my family gets hosed on this thing due to a broken promise, that can change in a heartbeat. Does that mean I will side with the DFL? Not hardly. It does mean however, I will side with neither party in the future."
One of the benefits as you go through life is you get to learn new words or terms. Take SALT for example. I always thought it was that substance your family doctor always tells you to use less of. Or in nuclear treaty negotiations, SALT means Strategic Arms Limitations Talks. But the new one really floors me. It is the term the GOP tax writers are using to describe those dastardly high taxed states like California, New York, and (get ready for it!) ...Minnesota. In this context, SALT mean State And Local Taxes.
Some might look at this article so far and say "So what? I don't give two toots and a holler about that stuff." To that I respond, "Oh, contraire! You should!" Because we have allowed our Commie Governor, Marx Dayton (along with his merry DFL) to jack up our state tax to almost 10%, we are not going to get a tax break from this new tax bill in Washington. Instead, we are going to get to eat a huge excrement sandwich.
I, like others I know, have looked at what has been revealed so far with this new tax bill. I have done some bunny math to see how much better I will come out once it becomes law. Surprise, surprise! I guess I fall into that 20% of the middle class which is going to have to pay more. Some $500 more. Now, how in the world can that happen when this "historic" middle class tax cut promised promised everyone some relief? In the tax cut of 1981, we ALL got some kind of tax relief. I don't know who is going to benefit, but it is sure not going to be me.
Now if the truth be told, if I have a healthy year (physically) and the GOP decides NOT to take the state tax deduction away, I will get a little bit of a tax break. During the Reagan years, the first tax break I received was a whopper. It was a life style changer. It allowed my wife and I to buy more, save more, and invest more.
I don't mean to go on and on about this sounding like an old grumble puss - but how in the world could the GOP have mucked this thing up so bad? How? "We can do our taxes on a post card!" Can I call "B.S.!" on that one? By the time this thing gets out of the Senate and the House and conference, while placating everyone, this thing will look like a Rubik's Cube. And who knows if anyone will be better off? What happened to the Flat Tax? The Fair Tax? Something truly historic? This thing is just a pile of goo.
The only thing which would save many of the people in this high SALT state is to follow Senator Roger Chamberlain's suggestion. Get rid of our income tax. Done, finished, gone. Be like South Dakota, Florida, Nevada or Texas. Roger continues to be a true visionary. On the other hand, this making us look like California (thanks to Marx Dayton) is killing us now, more than it ever has before.
As a conservative, I tend to side with the GOP almost exclusively. However, if my family gets hosed on this thing due to a broken promise from the GOP, that can change in a heartbeat. Does that mean I will side with the DFL? Not hardly. It does mean however, I will side with neither party in the future.