4 • 5.3K Ratings
🗓️ 2 October 2019
⏱️ 2 minutes
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0:00.0 | Hey, you remember the so-called state and local tax cap passed by the Republican Congress |
0:04.6 | 2017, along with Trump's tax cuts? Congress set a cap or a limit on the state local tax deductions |
0:12.7 | that people could take on their federal tax returns. Liberals were outraged. They said Republicans |
0:19.0 | came up with this cap just to punish Democrat states with their high state local taxes. |
0:24.3 | Since blue state residents couldn't deduct those taxes anymore, taxpayers would start pressuring |
0:29.5 | Democrats to run their states to lower their taxes. It's unfair. Four states, New York, New |
0:35.9 | Jersey, Connecticut, and Maryland sued. They argued that Congress had no right to limit state and |
0:42.5 | local tax deductions because it was an evil plot to force these blue states into changing their |
0:48.5 | tax policies. It was unconstitutional and mean-spirited, they said. Well, on Monday, a federal judge |
0:55.5 | rubbed salt into Liberals' wounds. A district judge dismissed the suit, ruling that the blue |
1:02.5 | states presented no constitutional principle preventing Congress from imposing a cap on tax deductions. |
1:09.6 | The Republican Congress acted within their constitutional authority. New York governor Andrew |
1:16.0 | Cuomo, the brother of Frado, said that his state is going to evaluate their options for an appeal. |
1:21.7 | But for now, liberal range liberal ideology took a backseat to the law. It's a rare good day for justice. |
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