Except he most likely wouldn’t because they would have very different incomes, being that cost of living in both states is vastly different. New York and Iowa’s income tax rates arent that different: they top out around 8% in highest margin. Its likely the NY lawyer would have a larger tax payment due to having a larger salary.
Being rich doesnt mean you work harder than other people. Tell that to someone nailing shingles on roofs or coal miners. Or the factory worker doing 60 hour weeks in a foundry to put his kids through college. Trump wouldnt last a day in either of those jobs.
Because they pay higher state taxes. Its no different than a break for being married or paying mortgage interest. Why didnt the GOP get rid of those deductions and why is the GOP now arguing for higher federal taxes by eliminating deductions?
Who cares about percent? Why should the higher income person have to pay $1 more than the low income person? What you pay is what actually matters. Nobody pays percent, they pay dollars.
I claim Head of Household because my 91y/o mom lives with me. She has zero anything except her social security. I’m a IHSS worker because of her.
I was just looking at the tax table, just like 2017. I’m not liking the idea not deducting my mortgage and property taxes. Isn’t that one reason why people buy homes?
I just don’t want to end up paying only because I don’t have that much saved.
Hard work doesn’t just include those who do manual labor. Example the line of work I’m in. It’s hard work, and takes a special breed of person to do it. And I don’t think The Don would last a full shift in a coal mine.
In a Utopian world that would happen(each person paying the same amount of money to support services for the society). Reality it won’t. Just like a flat tax will never be a reality either.