A Quote by Mikie Sherrill

I have pledged to work hard to get the state and local tax deduction cap lifted. — © Mikie Sherrill
I have pledged to work hard to get the state and local tax deduction cap lifted.
I look at the idea of eliminating the state and local tax deduction as a geographic redistribution of wealth, because you're taking money from a place like New York to provide deeper tax cuts elsewhere.
Eventually we'll use a CO2 tax offset by a reduction in taxes elsewhere alongside a cap-and-trade plan, but the degree of difficulty associated with a CO2 tax far exceeds that with a cap-and-trade plan. We're seeing it's hard to get a cap-and-trade plan and it's much easier to use as a basis for a global agreement than a CO2 tax.
There are some really wealthy hedge fund billionaires in San Francisco who have pledged a lot of money for Democratic candidates to argue for cap and trade and carbon tax and all these things.
Local tax increases can cause high-net-worth individuals to move, tax experts said; tax avoidance and tax arbitrage are multitrillion-dollar affairs, and rich people are sensitive to tax rates. But many of the people who move when their home state raises taxes are close to retirement anyway.
Eastern Washington families and businesses should be able to deduct every penny of state and local sales tax they pay throughout the year from their federal tax bill, especially when people in most states are deducting their state income taxes.
Families in my community have seen their taxes go up because of the SALT deduction cap and as a result are questioning whether or not they can afford to live in New Jersey. The loss of the full SALT deduction puts an undue hardship on them.
Americans for Tax Reform is a national taxpayer organization dedicated to opposing any and all tax increases. We work at the national, state and local level for lower taxes, less government spending and limited government.
New Hampshire has always been cheap, mean, rural, small-minded, and reactionary. It's one of the few states in the nation with neither a sales tax nor an income tax. Social services are totally inadequate there, it ranks at the bottom in state aid to education--the state is literally shaped like a dunce cap--and its medical assistance program is virtually nonexistent. Expecting aid for the poor there is like looking for an egg under a basilisk.... The state encourages skinflints, cheapskates, shutwallets, and pinched little joykillers who move there as a tax refuge to save money.
For my constituents, owning a home is the culmination of many years of hard work and the realization of the American Dream. At no time should a local entity take those years of hard work solely to increase their tax revenue.
I'm not shy about stating my opinion on political issues, so I can state my opinion, which is, on this one, Premier Notley's right. Because cap and trade systems have not been shown to work. And if you want to price carbon, then I would listen to the CEO of Suncor, who suggests a clean, transparent carbon tax makes a bunch more sense than a cap and trade system that just creates jobs for traders. I - I kind of agree with that.
There are some tax expenditures that are there for very obvious and very important and very good policy reasons. Whether it's the charitable deduction or the deduction for homes, it's not a loophole.
When I was in Minnesota serving in the state Senate and in Washington, D.C., I did everything I could to defeat cap and trade. I didn't work to implement cap and trade.
When I was in Minnesota serving in the state Senate and in Washington, DC, I did everything I could to defeat cap and trade. I didn't work to implement cap and trade.
New Jerseyans knew that the SALT deduction cap would hurt.
I think I may have been the only person to be rewarded charitably and get a tax deduction for swearing on film!
The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a hard tax to evade. So it makes the job of raising revenue easier. The revenues from the VAT can then be used to lower taxes on income and saving and investment. The Value-Added tax doesn't penalize work or saving; it's a tax on buying stuff.
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