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HappyGilmore saysBecause of the Constitution? Ever heard of it?
Sure.
But I'm talking on a purely water cooler level. Does it seem fair that people who contribute nothing to the system get to vote on how money is spent? Seems pretty unfair.
How can anyone contribute nothing? That's absurd. They pay fica, they buy things from business that pay taxes, they pay fees, they pay sales taxes, they pay property taxes, gasoline taxes, etc., etc..
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Hopefully the house passes this thing with minimal changes since the property tax deduction survived. The house bill was horrible for upper middle class earners in blue states. This softens the blow. There’s about a $3000 difference now between the senate and house bills for us.
It’s still stupid all these tax changes and it’s basically a wash for our family all said and done. Just glad we didn’t stretch and buy a really expensive house.... those people in our income level are getting screwed if they can’t combine those interest payments with SALT for a fat deduction.