Tag Archives: CT

SALT IN THE WOUND – WE LOVE TO SEE THE BLEEDING HEARTS HOWL

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Rubbing salt in the wound is a metaphor that typifies a situation where a protagonist doubles up by criticizing a target; been going on for years.  The verbal salt assault ramps up pain to such a degree that the receiver can no longer take the scorn; they then lash out, but to no avail. In the case we are alluding to is the new tax law signed by President Trump in December 2017.

SALT is an acronym for State and Local Taxes. According to the new law, State and Local tax deduction limits are set at $10,000 combined when itemizing vs the new standard deduction of $12,000 for singles and $24,000 for marrieds.

The Tax Cuts and Jobs Act (TCJA) limited the ability of taxpayers to deduct state and local taxes (SALT) from their federal taxable income. New York Governor Andrew Cuomo called it an act of war and California Senate Leader Kevin de Leon inveighed against a “tax scam [that] disproportionately harms California taxpayers.”  PLEASE DON’T CRY FOR ME ARGENTINA!  SALT hurts these progressive maniacs to such a degree that they have to lash out at the President, but IT IS OK FOR THEM TO TAX THE LIVING SHIT OUT OF THEIR TAXPAYERS.  A BUNCH OF HYPOCRITICAL TWO FACED CRIMINALS.

Unlike prior tax cuts or reform, the Tax Cuts and Jobs Act of 2017 ends the longstanding practice of the federal tax code subsidizing high state and local taxes (known as SALT in tax code jargon). Instead of mostly well-off taxpayers being able to take an unlimited deduction for the state and local taxes they pay, the new tax law limits the deduction to $10,000 per family. This operates as if all 50 states changed their tax code all at once, because, unlike typical federal tax code changes, this reform doesn’t treat all states the same.

So what are these progressive malcontents doing about it? They are seeking a work around. How, you say, does that work? In their scheme (they are always scheming) they plan on allowing their taxpaying citizens to donate to a sham charity, set up by the individual state, the amount of SALT taxes due. This the will be treated as a charitable donation for Federal Income Tax. Not so fast says Uncle Sam. You can’t do that, but a valiant try nonetheless. We give them an A for tenacity, but an F for being Jerks. 

LIBERAL STATES ON THE VERGE OF DESTRUCTION – REVOLUTION IS IN THE AIR

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What happened to the TOUT – yes we are speaking about the liberal ideologue/communist – the Crying Chuck Schumer crowd? Those who tout the progressive agenda of we know more than you do, follow us to the gates of hell. Trump body slammed them down causing their head to spin like a top. How did he do it? With Congresses help, tax legislation was passed allowing for a maximum of $10,000 deduction for real estate and state taxes combined for those who itemize on their income tax return. You see, the picture is now coming into focus. Those liberal big-wigs live in McMansions and oh boy do they pay the piper in the form of real estate taxes on their castles.

In case you missed it, these moguls of the financial space also haul in ZILLIONS of Dollars a year.  How else can they afford the the luxuries of life – the dolce vita? Don’t forget the Dr. Moonbeam Dems who love to vote the progressive street. These whoop it up Obama/Clinton mobs are now getting some of their own medicine up where the sun don’t shine. Very hard to swallow this tax stuff. And this creates a problem upstairs; by that we mean in the governor’s office.

These petulant know it all snobs, Andrew Cuomo of New York and  Dannel Malloy of Connecticut including the rest of the beasty crew including none other than Governor Moonbeam in the Golden State, love to slam it down the throat of the 1% rich. Now the door seems to be hitting them hard on the way out. There is an exodus of the  high earner fleeing the tax and spend liberal paragons of society. And how sweet it is.

The liberal rich are fleeing the tax and spend progressive agenda states with dispatch.

800,000 people are about to flee New York and California because of taxes, say economists

  • 800,000 people will leave New York and California over the next three years due to the new tax bill, conservative economists Arthur Laffer and Stephen Moore said in an op-ed in the Wall Street Journal.

The tax changes limit the deduction of state and local taxes to $10,000, so many high-earning taxpayers in high-tax states will actually face a tax increase under the new tax code. Laffer and Moore say that the effective income-tax rate (what people actually pay) for high earners in California will jump from 8.5 percent to 13 percent. Wealthy Manhattanites would face a similar increase, they say. Those who make $10 million or more will see a potential tax hike of 50 percent or more, according to their analysis.

Those hikes, they say, will cause an exodus of residents to move to lower or no-income tax states.

“In years to come, millions of people, thousands of businesses and tens of billions of dollars of net income will flee high-tax blue states for low-tax red states,” they said. They say 800,000 people will move from California and New York over the next three years. Connecticut, New Jersey and Minnesota will lose a combined 500,000 people over the same period.

TRUMP SLAMS THE DOOR IN THE FACES OF HIS FOES – WINS PREDICTED IN CT, PA, DE, RI & MD

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As reported by FOX NEWS, Trump took out the broom yesterday, sweeping all five contests by wide margins.

Click here for yesterday’s results. Note the whooping Hillary took in RI.

Early returns are in, Trump forecasted to sweep CT, MD, RI and PA by wide margins, thereby  slamming the door in Cruz’s and Kasich’s face. Actually, those two contenders never had a chance. Trump’s message is getting across, the insiders are now outsiders, the outsiders are now insiders. As more returns come in we expect Trump to solidify his insurmountable lead. When the votes are fully counted look for Trump to break the 60% barrier. TRUMP

Trump’s yet to be opponent in November, Sanders or Clinton, face a tough challenge. The press has thrown in the towel on Trump all but conceding a Democrat victory. But what do they know?  Hillary Clinton is do disliked that many Democrats will sit out the election; they will be happy to see her lose. Punishing her for lying, cheating, scheming, killing, murdering, conniving, stealing and trafficking,

She has been pandering to those on the dole long enough. Hillary Clinton will get face slapped in November by the American Patriot. We can’t wait for her to step into the ring against Trump. A blood bath for sure.

http://www.foxnews.com/politics/2016/04/26/fox-news-projects-trump-wins-md-pa-conn-clinton-wins-md.html?intcmp=hpbt1  (Republicans calling for CRUZ to give it up)hillarydressedup Hillary Clinton has demanded that this photo be removed from the internet.