Their Money? Dems Seek Nullification of SALT cap

By Douglas V. Gibbs
Author, Speaker, Instructor, Radio Host

Wealth is created.  However, the liberal left hates wealth (unless it’s theirs) and so they want you to believe wealth is finite.  Therefore, if you do well, someone else must suffer.  You know the old saying . . . the rich get richer, and the poor get poorer.

Besides, according to them, it’s not your money, anyway.  The government is letting you use it, but it’s really theirs, and they will tax it away from you any way they can to make sure they are able to retrieve their monetary property.

Then again, it’s not even theirs, either, for they borrowed it from the Federal Reserve, after all.

The problem with that whole scenario is that is not supposed to be their money.  It’s yours.  And, when you get to keep more of what you’ve worked for, it’s good for the economy . . . which is, in the eyes of the left, bad, because if the economy is good, you don’t depend upon them, and you are more than happy to flex your muscles of individuality and self-reliance.

How can equality (equally miserable, anyway) be achieved if you are doing well and keeping more of the money you have earned?

The problem is, the President of the United States, and his Republican Congress, cut taxes across the board a year ago.  That means the rich got to keep more of what they earn, too.  That’s enough to tick off just about all of the socialists in the Democrat Party.  But, the liberal left Democrats in Democrat-majority States have decided they should be able to nullify the federal tax cut.

The 2017 law capped state and local tax deduction, which basically made it so that low state tax States would essentially be subsidizing high tax States assault on wage earners.