▲ | happyopossum 5 days ago | |
You’re over mathing here - GP is simply saying that if someone lives in a 10% income tax state and makes 1m, they can deduct $100k from their income (presumably because it was never really theirs). | ||
▲ | loeg 5 days ago | parent [-] | |
They specifically make the claim that the TCJA is a net negative for this hypothetical $1M earner in a 10% income tax state, and I don't think that's true. |