San Diego Housing Market News and Analysis
a way to fuck the federal govt?
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Submitted by scaredyclassic on December 5, 2017 - 5:27pm
clearly the tax bill is designed to fuck over people from CA with big mortgages and incomes. i have state taxes withheld, i never see the money but im now gonna be taxed on it federally.
the problem is, i technically get the money, then am taxed on the money. thats dumb. why do i need to touch that money. if it didnt actually get to me, i wouldnt have to pay tax on it.
what if there were a way to restructure work so that that state tax portion were recharacterized as not income to me, so im not taxed federally on the money i pay to the state ...
call it a fee for working in CA, from the employer, comes right off the top of my pay, its not income since i never get it to then pay to CA.
im not sure how this could work but is there some way for the state to lower our taxable incomes and still get their cut?
is CA just gonna sit there with ny and get screwed by the rest of the country. there has to be some workaround to fight back...
no phaseout...no nothing...is this longstanding deduction possibly property for purposes of a government taking of property without compensation?
i doubt that.
but theres probably a way to reduce our incomes and just get the money direct from work to the state. are there people in sacramento thinking about this?
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