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That SALT tax deduction change only screws over blue states, right? Uh oh…

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Strap in; it’s time to talk about that most awesome of topics, tax policy! Woohoo!

Nobody knows exactly what’s in the Republicans’ tax bills or what its total effects will be, least of all the Republicans. But one thing we do know is that it will get rid of something called the “SALT” (state and local tax) deduction. You see, taxpayers can currently deduct the cost of their state and city taxes from their federal taxes — and so by getting rid of this, most people will see their federal tax bills go up. Some more than others.

The conventional wisdom holds is that this is a change specifically designed to steal from blue-state voters with their high state rates as punishment for voting Democrat. Hell, conservatives even brag about this as a selling point. It’s not designed to convert voters or sway them to vote Republican. It’s there just to hurt people, thus representing the brutal ugliness of the New GOP of Donald Trump and Roy Moore.

Unfortunately, Republicans didn’t entirely think this one through.

Yes, it’s true that bad ol’ New York and California look like they’ll get it in the neck. But who else? The results certainly surprised me (courtesy of the not-exactly-liberal Tax Foundation):

PIT-01

So, taxpayers in Minnesota, Wisconsin, and Iowa are also going to see their tax bills go through the roof, once they can no longer deduct those confiscatory state taxes from their federal. These are critical battleground states – WI only went for Trump by a razor-sharp margin. Do you think voters there remember who to blame about their tax hikes?

Also, did you check out South Carolina’s rate? 7.0% in the reddest of red states! It’s almost as high as the People’s Republic of New York! Oh, but it gets better:

ny1

sc1

Look closely. Unless you’re pulling down seven figures — as a single filer, natch — NY’s top rate won’t even affect you, while SC’s top rate kicks in at a mere $14,650 a year. This means almost all SC residents are literally paying more in state taxes than us hippie gun-hating baby-killing godless heathens up here in Babylon. Why aren’t South Carolinians asking Lindsey Graham why he’s hiking up their taxes to pay for his deep-state big-government programs?

And compared to the 6.45-6.85% that most New Yorkers pay, the top rates for Arkansas (6.90% at just $35k of income), Georgia (6.0% at — I’m not making this up — $7k) and Idaho (7.4%, $10.9k) are certainly comparable, if not higher. Wonder what the #MAGA voters there will think of how things are going when they file in 2018? I’m sure they’ll be comforted by all the tax breaks personalized for the Trump family.

Texas is usually held up as the shimmering city on the hill by Republicans, with its lack of income tax. But this ignores local and property taxes that also fall under the purview of SALT. But, hey. It’s not like Texans like big houses on big estates, right?

If Republicans had actually tried to pass legislation through the “regular order” that John McCain used to care about — hearings, studies, all that boring stuff on CSPAN that people try to ignore — instead of literally passing handwritten notes as legislation, this might have all come out. But their manic rush to get something done before 2017 is up, at the behest of their ochre overload in the White House, and with as little oversight as possible, will predictably blow up in the faces of themselves and their voters.

 










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HarlandCorbin
20 hours ago
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Frightening map. I can't believe I'm in a LOW TAX state (at least in regards to state income taxes).
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Chrome will block third-party software from meddling with its processes

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Enlarge / This will hurt... a lot. (credit: ZaldyImg)

To boost the stability of Chrome, Google has announced that it's going to start blocking third-party software from being injected into the browser.

Third-party software such as anti-virus scanners and video driver utilities often injects libraries into running processes to do things like inspect network traffic, or add custom menu options to menus. Malicious software can also do the same to spy on users, steal passwords, and similar. Google has found that people who have such injected code are 15 percent more likely to see their browser crash. As such, it's going to start blocking such injections.

The change will start in Chrome 66, due in April 2018. If that version crashes, it will warn users that there is something injected that could be causing problems. Chrome 68, due in July 2018, will start blocking the injection; if the browser doesn't run properly, it'll allow the injected software but show a warning. Chrome 72, due in January 2019, will block code injection entirely.

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HarlandCorbin
10 days ago
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"and any code that's been signed by Microsoft will continue to be allowed" . Oh, I trust *that*. Microsoft is *so* good at security.
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The Market

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I want to talk about the stock market this afternoon, more importantly, the using of the stock market as an indicator for the health of an economy.   On a near daily basis, Trump has touted the addition of 5.2 trillion dollars to the US stock market as proof that he is making the economy […]
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HarlandCorbin
12 days ago
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This. And I would like to add that stock "value" is really not much of anything. Can you go to the local car dealership and say "I have shares of this stock, I'd like to buy a car?" No. The only real value of stocks is when you sell them for money. Before they are sold, stocks are play money.
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The American lawn

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‘The conceit of the American suburb is that we’re all in a great park together.’

Front lawns are unnatural and generally serve little practical use, and yet they’re a staple of suburban culture, carefully manicured by their owners and so ubiquitous that they’re the largest irrigated crop in the United States. In this brief video, the US food and nature writer Michael Pollan ponders the ‘peculiar institution’ of the American lawn, taken for granted as natural by many Americans when, technically, it’s anything but.

By Aeon Video

Watch at Aeon

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HarlandCorbin
28 days ago
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I could do without the worthless grass in the front lawn. Plants to stop erosion, sure, but not the idiotic grass. Who decided that I must keep the plants below 6" tall, and yet put a plant that naturally grows to between 18" and 36" ?
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By Anonymous

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Today, my mom borrowed my computer without my permission and downloaded a virus. I came home to a blue screen of death. She refuses to admit fault and pay for a new computer. FML

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HarlandCorbin
60 days ago
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Password protect it? Set up a non-admin user that others can use? Google how to remove the virus without having to get a new computer?
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Extra Spicy

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HarlandCorbin
63 days ago
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But was it spicy this time?
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