4/30/24: Hunter sues Fox News, Kristi Noem VP chances plummet
The David Pakman Show
David Pakman
4.8 β’ 6.3K Ratings
ποΈ 30 April 2024
β±οΈ 63 minutes
ποΈ Recording | iTunes | RSS
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| 0:00.0 | All right, let's start today with a little bit of a deeper dive into taxes, some of the elements of the Trump tax plan that some folks still don't |
| 0:14.2 | understand but have very much changed the way that some of us pay taxes I'm |
| 0:18.3 | going to play a clip for you from last night's Sean Hannity program Sean |
| 0:21.7 | Sean Hannity the Fox News propagandist friend of Donald Trump to the extent that Trump has friends was interviewing |
| 0:27.8 | Larry Cuddlow. Larry Cuddlow is a former Trump Economic Advisor the topic of the salt deduction limit was brought up. If you |
| 0:36.3 | don't yet know what that is, don't worry. I'm going to explain everything to you |
| 0:39.8 | here and I hope this will be instructive. Hannity brings up that his taxes as a New York resident went up with the Trump tax plan, |
| 0:49.4 | acknowledging that one of the major changes made by the Trump tax plan was nothing more than |
| 0:55.4 | vengeance against blue states specifically making it so that the |
| 1:01.8 | residents of blue states like New York and California |
| 1:05.6 | would pay more while either not affecting or providing new goodies for |
| 1:12.0 | business owners in red states without income tax. So if this is all |
| 1:16.3 | confusing right now bear with me let's listen to what Hannity said and then we will explain it all. |
| 1:24.0 | When I was a resident New York and the Trump tax cuts passed and he eliminated the state and |
| 1:30.4 | local tax deduction, I ended up paying more. |
| 1:33.5 | But I didn't deserve that because you were rewarding states |
| 1:36.5 | that elect, high tax and spend liberals. |
| 1:40.0 | All right. |
| 1:40.8 | Okay. |
| 1:41.8 | So Hannity acknowledges, when I lived in New York I paid more thanks to the |
| 1:45.4 | Trump tax cuts because of the limit placed on salt deductions. Salt stands for state and |
| 1:50.6 | local taxes. That includes state income tax city income tax if there is one like in |
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