\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

SALT deal reached- 40k - link

https://x.com/nicholaswu12/status/1924999549384327316
topaz vigorous becky principal's office
  05/20/25
this reduces the deficit, right?
Multi-colored pit
  05/20/25
Big time.
topaz vigorous becky principal's office
  05/20/25
lol
jade medicated national security agency friendly grandma
  05/20/25
40k is a small price to pay for limiting the Soviet nuclear ...
coral indian lodge idiot
  05/20/25
...
poppy brunch nowag
  05/20/25
...
talented jet lodge trust fund
  05/20/25
...
electric green volcanic crater
  05/21/25
...
Talking Lascivious Private Investor Ticket Booth
  05/21/25
Add a zero pls
Flickering Indigo Wrinkle Plaza
  05/20/25
...
mildly autistic market
  05/21/25
The standard deduction is so high that this really only help...
Translucent kink-friendly cruise ship
  05/20/25
I just hope it helps ARE Reptile.
topaz vigorous becky principal's office
  05/20/25
Standard deduction is $30k for a married couple, basically a...
coral indian lodge idiot
  05/20/25
I didn't realize how blown out top 1% incomes had gotten but...
Translucent kink-friendly cruise ship
  05/21/25
CA,NY,NJ,etc are all like 10% income tax plus yuge property ...
coral indian lodge idiot
  05/21/25
thank god we are subsidizing CA, NY and NJ
geriatric self-absorbed cumskin marketing idea
  05/21/25
haha I was going to say you have to be close to top 1% to pa...
Translucent kink-friendly cruise ship
  05/23/25
(red state scum that takes welfare from blue states)
Razzmatazz nudist property circlehead
  05/21/25
Why should we subsidize blue state taxes? Let the people who...
chest-beating ruddy main people school cafeteria
  05/21/25
blue states subsidize you. red states have never once paid ...
Razzmatazz nudist property circlehead
  05/21/25
You're an idiot
chest-beating ruddy main people school cafeteria
  05/21/25
you're an actual idiot + poor. hth
Razzmatazz nudist property circlehead
  05/21/25
salt is stupid like libs
fishy trip address clown
  05/21/25
the tax code makes harvey weinstein look like tom brady
Insecure Razzle Selfie
  05/20/25
40k for couples or single filers too?
Razzmatazz nudist property circlehead
  05/21/25
Fuck Cali cucks. Should’ve lowered the cap to 0 to pun...
irradiated fiercely-loyal cuckold
  05/21/25
Why are they raising the limit?
Internet-worthy meetinghouse boiling water
  05/21/25
wtf supposedly capped at household making $500k or less, wha...
shivering cracking foreskin
  05/21/25
so BIGLAW senior associates can THRIVE
Razzmatazz nudist property circlehead
  05/21/25
It's household income so senior associate's wife's income as...
Floppy misanthropic senate indirect expression
  05/21/25
Hey man, at least our blued haired baristas now makes the ma...
180 frisky step-uncle's house windowlicker
  05/21/25
500k is poverty wages. In my worst year in a decade we still...
Bearded coiffed jew newt
  05/21/25
They should eliminate Medicaid so you get the full deduction...
topaz vigorous becky principal's office
  05/21/25
They should.
Bearded coiffed jew newt
  05/21/25
300kmo in an expensive blue state here. This is a five figu...
Flushed ratface
  05/21/25
This is fucked up because our household income is just above...
180 frisky step-uncle's house windowlicker
  05/21/25
You should buy an investment property and lose money on it/d...
Flushed ratface
  05/21/25
...
Mahogany vengeful nursing home
  05/21/25
This is a literal $11k / year benefit to me. (And yes I ...
beady-eyed tank stage
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 20th, 2025 9:37 PM
Author: topaz vigorous becky principal's office

https://x.com/nicholaswu12/status/1924999549384327316

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949549)



Reply Favorite

Date: May 20th, 2025 9:38 PM
Author: Multi-colored pit

this reduces the deficit, right?

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949552)



Reply Favorite

Date: May 20th, 2025 9:39 PM
Author: topaz vigorous becky principal's office

Big time.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949555)



Reply Favorite

Date: May 20th, 2025 9:42 PM
Author: jade medicated national security agency friendly grandma

lol

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949564)



Reply Favorite

Date: May 20th, 2025 9:45 PM
Author: coral indian lodge idiot

40k is a small price to pay for limiting the Soviet nuclear arsenal.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949570)



Reply Favorite

Date: May 20th, 2025 10:02 PM
Author: poppy brunch nowag



(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949599)



Reply Favorite

Date: May 20th, 2025 11:05 PM
Author: talented jet lodge trust fund



(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949773)



Reply Favorite

Date: May 21st, 2025 9:53 AM
Author: electric green volcanic crater



(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48950423)



Reply Favorite

Date: May 21st, 2025 9:57 AM
Author: Talking Lascivious Private Investor Ticket Booth



(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48950429)



Reply Favorite

Date: May 20th, 2025 10:29 PM
Author: Flickering Indigo Wrinkle Plaza

Add a zero pls

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949675)



Reply Favorite

Date: May 21st, 2025 12:58 AM
Author: mildly autistic market



(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949933)



Reply Favorite

Date: May 20th, 2025 10:49 PM
Author: Translucent kink-friendly cruise ship

The standard deduction is so high that this really only helps a very narrow group of people, most of them in blue states and top 1% or close to it. I don't think we should help those people by subsidizing their taxes, they should flee their faggot states if they don't want to pay.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949736)



Reply Favorite

Date: May 20th, 2025 11:04 PM
Author: topaz vigorous becky principal's office

I just hope it helps ARE Reptile.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949771)



Reply Favorite

Date: May 20th, 2025 11:51 PM
Author: coral indian lodge idiot

Standard deduction is $30k for a married couple, basically any UMC family paying property tax + state income tax will reach that. Not 1% territory.

Note that I don't think we should subsidize any state taxes or have any SALT deduction although I would personally benefit.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949849)



Reply Favorite

Date: May 21st, 2025 2:08 AM
Author: Translucent kink-friendly cruise ship

I didn't realize how blown out top 1% incomes had gotten but it's pretty close to it. Top 1% is 682k, average rate for states that charge income tax is around 4%. Property taxes are all over the map, but probably enough to put the hypothetical taxpayer over 30k for the most part.

Top 5% is 282k and they wont be over 30k state and local taxes unless they really try. Like there are places in texas where they could overleverage themselves and qualify for a mortgage on a place that would be over 30k property taxes, but they would be dumb to do so on that income.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949975)



Reply Favorite

Date: May 21st, 2025 9:52 AM
Author: coral indian lodge idiot

CA,NY,NJ,etc are all like 10% income tax plus yuge property tax, very easy for rank and file UMC-mos to reach $15k income tax + $15k property tax without being anywhere near top 1%.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48950421)



Reply Favorite

Date: May 21st, 2025 4:44 PM
Author: geriatric self-absorbed cumskin marketing idea

thank god we are subsidizing CA, NY and NJ

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48951697)



Reply Favorite

Date: May 23rd, 2025 4:12 AM
Author: Translucent kink-friendly cruise ship

haha I was going to say you have to be close to top 1% to pay that much in NY but then I realized there are city taxes too lmao. haha wow holy shit why would anyone pay that?

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48955636)



Reply Favorite

Date: May 21st, 2025 12:01 AM
Author: Razzmatazz nudist property circlehead

(red state scum that takes welfare from blue states)

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949862)



Reply Favorite

Date: May 21st, 2025 12:01 AM
Author: chest-beating ruddy main people school cafeteria

Why should we subsidize blue state taxes? Let the people who live there pay

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949864)



Reply Favorite

Date: May 21st, 2025 12:03 AM
Author: Razzmatazz nudist property circlehead

blue states subsidize you. red states have never once paid their fair share of taxes, period.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949870)



Reply Favorite

Date: May 21st, 2025 12:04 AM
Author: chest-beating ruddy main people school cafeteria

You're an idiot

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949872)



Reply Favorite

Date: May 21st, 2025 12:06 AM
Author: Razzmatazz nudist property circlehead

you're an actual idiot + poor. hth

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949875)



Reply Favorite

Date: May 21st, 2025 3:28 PM
Author: fishy trip address clown

salt is stupid

like libs

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48951514)



Reply Favorite

Date: May 20th, 2025 10:52 PM
Author: Insecure Razzle Selfie

the tax code makes harvey weinstein look like tom brady

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949747)



Reply Favorite

Date: May 21st, 2025 12:00 AM
Author: Razzmatazz nudist property circlehead

40k for couples or single filers too?

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949861)



Reply Favorite

Date: May 21st, 2025 12:50 AM
Author: irradiated fiercely-loyal cuckold

Fuck Cali cucks. Should’ve lowered the cap to 0 to punish them for voting blue.

(I live in California btw)

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949920)



Reply Favorite

Date: May 21st, 2025 1:11 AM
Author: Internet-worthy meetinghouse boiling water

Why are they raising the limit?

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949938)



Reply Favorite

Date: May 21st, 2025 1:41 AM
Author: shivering cracking foreskin

wtf supposedly capped at household making $500k or less, what’s the point then!

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949962)



Reply Favorite

Date: May 21st, 2025 2:19 AM
Author: Razzmatazz nudist property circlehead

so BIGLAW senior associates can THRIVE

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48949978)



Reply Favorite

Date: May 21st, 2025 3:32 PM
Author: Floppy misanthropic senate indirect expression

It's household income so senior associate's wife's income as speech language pathologist pushes them to $501,000

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48951522)



Reply Favorite

Date: May 21st, 2025 10:17 AM
Author: 180 frisky step-uncle's house windowlicker

Hey man, at least our blued haired baristas now makes the majority of their income tax free. https://www.nbcnews.com/politics/congress/senate-unexpectedly-passes-no-tax-tips-act-unanimous-vote-rcna208093

You? LJL

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48950459)



Reply Favorite

Date: May 21st, 2025 10:19 AM
Author: Bearded coiffed jew newt

500k is poverty wages. In my worst year in a decade we still did $600k.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48950465)



Reply Favorite

Date: May 21st, 2025 10:26 AM
Author: topaz vigorous becky principal's office

They should eliminate Medicaid so you get the full deduction.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48950475)



Reply Favorite

Date: May 21st, 2025 3:21 PM
Author: Bearded coiffed jew newt

They should.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48951490)



Reply Favorite

Date: May 21st, 2025 3:47 PM
Author: Flushed ratface

300kmo in an expensive blue state here. This is a five figure tax cut for me and it’s extremely 180. Every last penny of it will go right back into the economy bc as I mentioned I’m a 300kmo in an expensive blue state and therefore barely cling to the middle class by the tips of my fingernails.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48951549)



Reply Favorite

Date: May 21st, 2025 4:26 PM
Author: 180 frisky step-uncle's house windowlicker

This is fucked up because our household income is just above $500k so we'll lose this deduction, but we're solidly middle class.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48951645)



Reply Favorite

Date: May 21st, 2025 4:40 PM
Author: Flushed ratface

You should buy an investment property and lose money on it/depreciate it.

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48951685)



Reply Favorite

Date: May 21st, 2025 4:46 PM
Author: Mahogany vengeful nursing home



(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48951701)



Reply Favorite

Date: May 21st, 2025 4:07 PM
Author: beady-eyed tank stage

This is a literal $11k / year benefit to me.

(And yes I itemize and don't take the standard deduction)

(http://www.autoadmit.com/thread.php?thread_id=5728243&forum_id=2#48951581)