Hear you on that

Shadow_of_the_Dome 4845 posts Original UHND Member
Posted

I’m in a midwestern state where my property taxes are about $8k per year now, but I lived in Connecticut a few years ago where they were twice that for a home of similar value. Means none of your state income taxes (or property taxes on cars/boats) can be deducted. I’ve got to think that this will disincentive making new car/boat/home upgrade purchases once people understand the impacts.

This message has been edited 1 time(s).

Replies 24

  • Hear you on that Shadow_of_the_Dome