I don't get this part- Bidens bill

[dryheat]

-Tax break for high-income earners: Households could deduct up to $72,500 in state and local taxes from their federal taxes, up from $10,000, retroactive to 2021 taxes?a measure that would overwhelmingly benefit those making more than $200,000 a year, according to an analysis by the Committee for a Responsible Federal Budget, an anti-deficit think tank-

Seems like the opposite of what he wants. Corporations get taxed more, that I understand. Not that I agree with it altogether.

Another thing I don't get is, how do two senators torpedo the whole bill? Oh, I see. So, none of the other Dem senators have the guts. Or as it is protrayed, they are just raking in tons of money doing this.

[barretcreek]

Blue states have higher property taxes (in general). The deduction passes the bill onto the rest of us.

Old friend lives in development which straddles the Baltimore City/County line. He pays 2X+ the taxes as the same house two doors up the street. My cousin lives in a high end town north of Chicago. Incredible taxes but at least the schools are good, which is more than I can say for my friend in Charm City who had to send his to private schools to boot.