Rush Limbaugh November 8th 2017 - podcast episode cover

Rush Limbaugh November 8th 2017

Nov 08, 20173 min
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Episode description

Last Friday, The Washington Post ran a headline that republicans are going to raise taxes on some Americans and that there will be a backlash.

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Transcript

Speaker 1

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Last Friday, the Washington Post ran an ominous headline of Republicans are gonna be raising taxes on some Americans and that there will be a backlash. Now, first of all, the Post tax bill isn't the final version, a lot's gonna inevitably change. But what really bugs the Washington Post is the proposal to eliminate deductions for state income taxes.

If you live in an expensive blue city like New York, San Francisco, Los Angeles, and your state has super high income taxes like New York and California, do well, this could impact you. The Washington Post gives some examples. Take a California resident who makes a hundred thousand dollars a year, Their state tax alone would come in at sixth grand

and it would no longer be deductible. Somebody who makes a hundred fifty thousand lives in San Francisco or Los Angeles can expect to pay over ten thousand dollars a year in state taxes no longer deductible. Yes, so some people be upset, But the Washington Post never raises some important questions. One, why are your state taxes so high? And too, why do you keep voting for people who

keep raising your taxes? Finally, why should people in low tax states or with no state tax deductions subsidize people in high tech states? As for backlash, California, New York don't vote Republican anyway, so the supposed anti Republican backlash might not be as ominous as the Washington Post hopes. In fact, it probably be some applause for it. Yes,

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