A mindblowing article in today's Wall Street Journal;
The Blue State BluesSummary of the bill is if you live in a state that voted republican you have to pay higher taxes, even though you make less money.In other words, the various tax brackets would apply to residents in
certain regions at higher income levels versus other parts of the
country. A family with an income of $50,000 or even $1 million in
Manhattan would pay less federal income tax than a family with the same
earnings in Omaha. The bill is called the Tax Equity Act, but a more
accurate title would be the Blue State Tax Preference Act.
2 comments:
Did they have to use Omaha as the example? Now I want to move even more
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