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re: Anyone else hearing rumors of Coley leaving?

Posted on 1/23/20 at 11:11 am to
Posted by fibonaccisquared
The mystical waters of the Hooch
Member since Dec 2011
16898 posts
Posted on 1/23/20 at 11:11 am to
quote:

State taxes are deductible from federal taxable income so he'll pay more federal.


Well... yes/no... The new rules from last year made you pick between property/income, with a cap at 10k deductible... At his salary and what I imagine his house looks like, he's hitting the cap on either end I have to assume.
Posted by Damn Good Dawg
Member since Feb 2011
47325 posts
Posted on 1/23/20 at 11:57 am to
I knew they did more to offset it and my salary is meager in comparison but I do recall paying a helluva lot less to the govmint when I lived in TN vs now but I’m also in Fulton Co now so of course I’m jaded
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