MasterJaguar01 -> RE: SALT Tax Deduction Scam (5/25/2025 7:38:54 PM)
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ORIGINAL: BoscoX Fast Reply - California's 500-foot-long $100 billion high speed rail grift project is just the tip of the iceberg And it's not just California, it's every single blue shit hole out there Another example (expert video at the linked site): quote:
California Rep Carl DeMaio was put on the Budget Committee. He brought up Gavin Newsom was illegally qualifying illegals for healthcare with federal reimbursements He was warned to keep it quiet He then discovered a 73 NGO Democrat money laundering operation He was removed “A pretty lengthy career that I've established in turning around financially troubled organizations, doing audits, doing fiscal and financial transparency reports, performance management. And I took all those skill sets and have been applying them to government at the federal, state and local level for the past 30 years. So when I was elected and I was appointed to the budget committee — So the first meeting I uncovered that the Newsom budget was not balanced. And Newsom said that in January that his budget was, quote, modestly balanced, it had a modest surplus. And I said, no, he's a liar. You have a $10- $12 billion deficit. That's what I was saying in January and here we are in May and Newsom admits that he has a $10- $12 billion dollars deficit - That same meeting I pinpointed what was driving our deficit in large part was the free health care handouts to illegal immigra at state taxpayer expense. And we blew the lid open on the financial crisis in Medi Cal program they're using to give out the free health care to illegal immigrants and that it wasn't costing $6 billion and reimbursing with reimbursements from the federal government. It's costing $10 billion. And there are no reimbursements from the federal government because these are ineligible recipients. You can't use federal funds for illegal immigrants for welfare under federal law. And so we expose that. Then in the next meeting I exposed, by the way, they warned me after that first meeting that I better shut up, that I better stop it better myself - So in the second meeting I went after their MONEY LAUNDERING. We identified contracts and grants that Newsom and Democrats have been using through the state budget with your state taxpayer money to fund far left wing groups. We came up with 73 NGO groups that are being funded with your taxpayer money through a COVID 19 project that COVID 19 is so far, you know, gone and done, but they're still having these COVID 19 programs with all this money being given out. And we went through these 73 organizations and they're all left wing lobbying groups, fringe political groups, your taxpayer money funding far left politics. And so at the end of that hearing, I was thrown off because Newsom and the Democrats they don't like it when you shine a light on their corruption and their wasteful spending. And so I knew, I knew that there would be retaliation.” https://x.com/WallStreetApes/status/1926512709522108631 So your point is that Blue states (e.g. California) spend their money on stupid woke bullshit. Therefore Californians (and other blue state residents) shouldn't be able to deduct their state taxes from their Federal Returns. ok... But Californians and other blue staters PER CAPITA pay more in Federal Taxes than any red state. Blue states have better healthcare, better infrastructure, better schools (EVEN with the HORRENDOUS WOKE Bullshit they teach), better nutrition in just about EVERY case. Blue states standard of living is always higher. Incomes are higher, there are far more prosperous people in blue states than red. And BTW: The prosperity is enjoyed by the conservatives in the state. (Ask a farmer from California's central valley, or Washington's central hay and potato area) Red states rely on Federal dollars for massive Medicaid because their own healthcare sucks, for their own crumbling infrastructure in roads and bridges, even to pay their school employees and repair and maintain buildings. This link outlines my point https://reason.com/2014/06/27/thad-cochran-the-gop-establishment-and-t/ Besides Mississippi, other notable red-state freeloaders included Alabama ($2.03), Alaska ($1.93), and South Carolina ($1.92). "Republican states, on average, received $1.46 in federal spending for every tax dollar paid," writes Dave Gilson. "Democratic states, on average, received $1.16." Shame on both sides for bilking the system—and props to places as generous and different as Delaware (which received just 38 cents per dollar paid), New York (72 cents), California (87 cents), Texas (85 cents), and Massachusetts (83 cents). Red states are a poster child for the fallacy of the laffer curve. Their income taxes tend to be on the very low side. But the result is NOT greater tax revenues. It is lower tax revenues. Why? 1. There are tons of loopholes for the wealthiest in these states. No the wealthy are not job creators. 2. The money that is collected is scarce and doesn't fund infrastructure, schools, or healthcare. 3. Of course property values are much lower (which property taxes go to fund schools) A vicious cycle 4. Businesses don't want to move there, because it's basically a shithole 5. Salaries are MUCH lower (Talented workers don't want to live there 6. Many people are under educated Florida I will cite as an exception, because of its beaches and mega wealthy areas. (It was a purple state until very recently) Sure... ALL states and can make better fiscal decisions. And hopefully the residents of each state will vote in better leaders. But the SALT deduction was based on the premise that state taxes were meant to fund our government and you should get a tax break for funding your state and local government. You can point to as many California boondoggles you want, it would be pennies on the dollar compared to how much red states have been sucking off the federal teat.
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