SALT
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https://www.axios.com/2024/09/18/trump-salt-tax-cuts-senate
Trump's surprise post on SALT deductions Tuesday has forced Senate Republicans into a pickle: contradict their party's leader or their old positions.
Why it matters: For Republican leaders, it's a taste of what's to come if Trump wins back the White House.
They'll have to harmonize their own positions — in real time — with a president who is constantly changing his.
Trump posted he would "get SALT back."That's a strong indication he wants to let those in high-tax states deduct more than $10,000 from their federal taxes — a limit he championed in his 2017 Tax Cuts and Jobs Act
and
The bottom line: Removing the $10,000 SALT cap would cost an estimated $1.2 trillion over a decade, according to the Committee for a Responsible Federal Government.
An estimated 92% of the benefit would go to the top 10% of earners, according to CRFB. -
Just to show you how old I am, I thought this was about the nuclear arms race. (If you have to look that up, you are too young)
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+1
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"Trump takes SALT away so he can promise to give it back later and the cult I mean crowd goes wild."
Sorta like a anti-IRS.
Meet the Press (in the 1980s): "So the IRS is going to lower the rates, but also eliminate a lot of deductions. What's to keep the IRS from raising the rates again?"
George Will: "Absolutely nothing."
If I had to guess, it was not The GOP's or Trump's idea to limit the SALT deduction. Probably part of a compromise.
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It's so weird that this doesn't matter at all. No other politician but Trump can pull shit like this off... but it really doesn't make a diff.
This and him clearly being bought off on Tik Tok.... doesn't matter.
Politics has gone overtly into being about the "vibes".... I think it'll drive disengagement. I don't care much what happens in November this year.
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Trump campaign strategy: YOU get a car!!!! And YOU get a car!!!! And YOU get a car!!!! And YOU get a car!!!!
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You can call a draw on all policy and still recognize a difference in stuff that is unequivocally under a president's control, such as appointments and messaging. In fact, if legislative policy is a draw, it makes it easier to come to a preference between the two candidates.
Education is extremely important.
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You can call a draw on all policy and still recognize a difference in stuff that is unequivocally under a president's control, such as appointments and messaging. In fact, if legislative policy is a draw, it makes it easier to come to a preference between the two candidates.
You can call a draw on all policy and still recognize a difference in stuff that is unequivocally under a president's control, such as appointments ….
“Trump’s economics suck and all, but at least we’ll get RFK Jr setting health policy”.
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You can call a draw on all policy and still recognize a difference in stuff that is unequivocally under a president's control, such as appointments ….
“Trump’s economics suck and all, but at least we’ll get RFK Jr setting health policy”.
For a person so adamant that people not put words in his mouth, you sure do play fast and loose with this sort of stuff. But sure, let the public decide a preference between Fauci and RFK Jr. I don't think that preference is nearly as obviously a litmus test for crazy vs smart as your twitter feed would indicate.
