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dot Com. Four liberal states, New York, Connecticut, New Jersey, and Maryland are suing the Trump administration are demanding more tax cuts. I kid you not. Now, in the old days, not that long ago, people could deduct their high state and local taxes on their federal tax forms, and it was an unlimited deduction. But the new tax law from Trump caps the deduction at ten thousand dollars. And many of these states pay way more than ten thousand dollars
in local and state taxes. Now, these states, they are really mad that the Feds will not subsidize their high taxes anymore. The lawsuit claims that Trump's change will hurt property values and hurt job creation. Worse, it'll hurt state budgets because these taxpayers are gonna start paying attention to state spending, which they can't have that. And they're really really really mad because they say Republicans did all this
on purpose to hurt Democrat run high tax states. Now legally, it's hard to see how they expect to win this one. The Feds make federal law except for immigration, well they make it, but everybody breaks it. So until they cut their own taxes, these liberals are going to be singing a blue state Blues for a long time to come. I guess it's what happens when the Russians medal in the elections.