Thursday, March 15, 2018

Democrats are the party of the rich: Proposal in NJ and California to turn state income tax into chariatable contributions

President Trump's new tax law doesn't allow for the deduction of state and local taxes for wealthy people on their federal income tax returns. But those rich folks underwrite the high-spending by leftists in states such as New Jersey and California. Stuart Varney reports on an idea of Democrats in those states to classify these tax payments as chariatable contributions. That won't pass federal muster, but the proposal shows us what hypocrites the liberals are.

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