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The SALT tax debate, Mercenaries, and "What Black and White America Must Do Now"

Dated: December 11, 2020 by Sharyl Attkisson 20 Comments

      

Calif. State Senator Holly Mitchell talks SALT with Sharyl

There's a great debate over SALT.

And by "SALT," I mean "State And Local Taxes."

In states like California and New York, residents pay high state and local taxes. Part of that cost used to be offset by allowing them to deduct those taxes from what they owe the IRS for their federal payment each year.

But that changed in 2017 under President Trump's tax cut plan. The new law drastically limits what high tax state residents can deduct.

Now some of those states have banded together and are fighting to get back the higher deduction. They say they're being unfairly punished.

Treasury Secretary Steve Mnuchin and others who support the way things are now-- argue that when high taxed residents get big deductions, it pushes their burden onto the people who live in the rest of America.

We'll investigate both sides Sunday on Full Measure.

Lisa Fletcher will have a fascinating look at soldiers for hire and the big role they play in helping fight America's wars.

But use of mercenaries is not without controversy.

And entrepreneur and author Armstrong Williams joins me with an off-narrative look at "What Black and White America Must Do Now."

We never waste your time rehashing the same news you've heard all week. Find out how to watch on TV, online or on demand by clicking this link: How to Watch Full Measure


      
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About Sharyl Attkisson

Emmy-Award Winning Investigative Journalist, New York Times Best Selling Author, Host of Sinclair's Full Measure

Reader Interactions

Comments

  1. Leah Hazell says

    December 11, 2020 at 9:24 am

    Well first off youโ€™re a big liar in youโ€™re very first paragraph stating that states like California and Texas! Texas pays zero state income tax. Why do you think so many Californians are moving there! ? Why do you think Elon Musk moved Tesla there?

    Reply
    • Sharyl Attkisson says

      December 11, 2020 at 10:06 am

      A "lie" is intentional. A "mistake" is unintentional. My mistake I changed it; should have said NY!

      Reply
    • JungianINTP says

      December 11, 2020 at 10:31 am

      Leah,

      Why would you call her, โ€œbig liar,โ€

      rather than simply to write : โ€œmistakenโ€ ?

      -Rick

      Reply
    • Jd says

      December 11, 2020 at 1:53 pm

      She said New York. Hello

      Reply
    • Callen Gilbert says

      December 11, 2020 at 4:56 pm

      The first paragraph I read says California and New zYork. Would have been much better to say what you did in the last sentence rather than calling someone a liar for what could have been a printing error or someone without our knowledge of Texas taxes changed it. I highly doubt that anyone who wrote this article was trying to lie to anyone. Give people the benefit of the doubt and then if it turns out they are dirty you can wipe the floor with what is left of them.

      Reply
    • Den V says

      December 12, 2020 at 8:42 am

      In many area's Texan's pay high property taxes because of the lack of an income tax. Dallas County is getting ridiculous with the county taxes on peoples home, residential property taxes need to be capped.

      Reply
  2. President-Elect TwoLaine (NOT The Felon Biden) says

    December 11, 2020 at 9:25 am

    California and Texas?

    Reply
    • Sharyl Attkisson says

      December 11, 2020 at 10:06 am

      My mistake I changed it; should have said NY!

      Reply
  3. Mark Wilkins says

    December 11, 2020 at 9:25 am

    I live in Texas and we do not pay state income tax. Is the tax break you refer to some other kind of break?

    Reply
    • Sharyl Attkisson says

      December 11, 2020 at 10:05 am

      My mistake -- should have said New York

      Reply
    • Den V says

      December 12, 2020 at 8:45 am

      Yeah Mark but ignore the higher property taxes Texas property owners have to pay because of the lack of the income tax.
      Everybody should pay for Texas infrastructure not just home and small business owners. Don't pee on my leg and tell the sales taxes is paying for all that, it ain't !

      Reply
  4. Patricia Browne says

    December 11, 2020 at 9:36 am

    These states that have high taxes are wrong. One problem is to.much government. THEY need to trim their fat & get rid of it. Every YEAR our taxes go up. EVERY YEAR! Itโ€™s ridiculous & all you see is more malls, more houses being built. But the upkeep of the neighborhood isnโ€™t that great. Why, if we pay all these taxes have better services & infrastructure? Then the federal government taxes us. Itโ€™s not like we are wealthy. As a matter of fact we are retired & on a fixed income. Too much corruption too much government!

    Reply
    • Kat says

      December 11, 2020 at 10:23 am

      So well said!

      Reply
    • Den V says

      December 12, 2020 at 8:50 am

      University of Ohio state has 100 special administration employees called diversity positions, these employees are very
      well paid, paid by the Tax Payers of Ohio !
      There is a $10 million budget set aside for their pay & benefits.
      Divide $10 million by 100 people. Yeah, it is gross !

      Reply
  5. Martha M Barger says

    December 11, 2020 at 9:46 am

    Would you investigate why Dr Fauci and CDC he's not been giving guidance for boosting immune system with Vit. D, C and Zinc in addition to prioritizing people at high risk (say who they are) to be seen by Dr or health department to arm them with information, blood test for Vit D, lower blood sugar, etc

    It seems they do not want people to have best opportunity to fight sars-2 and create their own antibodies.

    Also we need reporting on the persecution of doctors like Scott Jensen MD and MN State Rep.

    You are the best!

    Reply
    • Everett says

      December 11, 2020 at 11:02 am

      You are exactly right! I know a lady whose father is 93 years old, 325 pounds, post cancer, with heart issues. He got corona, had a sore throat and other symptoms for 3 days, then is fine. He has been studying ways to boost his immune system for years. Aside for the obesity, a strong immune system probably saved his life. Everyone should think in that direction, especially during the flu season.
      But then, there isnโ€™t a lot of money in boosting immune system. Itโ€™s mostly just natural and using common sense.

      Reply
  6. JungianINTP says

    December 11, 2020 at 9:53 am

    Sharyl,
    have
    you
    forgotten
    to
    provide
    the
    link
    to
    your
    interview?

    -Rick

    Reply
  7. JungianINTP says

    December 11, 2020 at 10:10 am

    Sharyl,

    The Shadow CABAL of men is made somewhat
    vulnerable by PRETTY females, such as ITS use
    of Mary Bruceโ€”as primary anti-Trump HATER:

    โ€œMary Bruce is a beautiful woman with golden
    hair, a slim body, and brown eyes. Besides, she
    is 5 feet 6 inches tall with a mass of 58 kg. She
    has a body statistic of 35-24-35 inches.โ€ -Wikipedia

    Now, to the crux of why the CABAL harassed you :

    โ€”NOT so much for your reports, but for your
    sexual attractiveness.

    Iโ€™ve a report about โ€œThe Secret Lives of Boys and Men,โ€
    but itโ€™s too HONEST/Raw to post here.

    -Rick

    Reply
  8. Carol Lafon says

    December 11, 2020 at 10:21 am

    Don't forget Oregon! We're at 20% state tax and where's the money going?

    Reply
  9. Rena Curtis says

    December 11, 2020 at 11:21 am

    Hi Sharyl, Big Fan! I live in VA BTW! Can you please add to your SALT debate about how unfair it is for GOP voters in traditionally โ€œblue states!โ€ My family has played to the previous tax code for 3 decades and now - we are underwater in our primary home (likely bc of 8 bad Obama years!) and cannot sell to change our position so we are stuck w a huge real estate tax we cannot mitigate. To make matters worse - we own a second home in FL and since they donโ€™t have income tax - real estate taxes are very high and we get slammed there as well - we are WELL over the cap! So as conservatives who did everything correctly and played by the rules for decades - we are getting slammed by Trumpโ€™s SALT position (itโ€™s really Moore and Laffer- but I digress). Also, in FL - in May of 2018 after everyone paid their taxes under the new code - every property value in my area dropped about 100K bc no one wants or can afford the huge tax bills! If Trump could reverse the SALT cap- property values would rise and in this low-interest rate era - weโ€™d have a huge property BOOM - which we are on the verge of anyway!! And we need this for the post-COVID recovery. Not to mention the unintended consequence is that blue state voters flee to red states and bring their very bad liberal voting habits with them - Trump is turning places like FL TX and AZ purple without intending too!!! Itโ€™s really a huge botch for Trump - bad advice from brilliant economists - I have tons of respect for - but this one was a mistake from beginning to end.

    Reply

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