WEBVTT - Rush Limbaugh January 3rd 2019

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<v Speaker 1>because the holiday sale ends January eight. Simply Safe USA

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<v Speaker 1>dot Com. Four liberal states, New York, Connecticut, New Jersey,

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<v Speaker 1>and Maryland are suing the Trump administration are demanding more

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<v Speaker 1>tax cuts. I kid you not. Now, in the old days,

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<v Speaker 1>not that long ago, people could deduct their high state

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<v Speaker 1>and local taxes on their federal tax forms, and it

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<v Speaker 1>was an unlimited deduction. But the new tax law from

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<v Speaker 1>Trump caps the deduction at ten thousand dollars. And many

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<v Speaker 1>of these states pay way more than ten thousand dollars

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<v Speaker 1>in local and state taxes. Now, these states, they are

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<v Speaker 1>really mad that the Feds will not subsidize their high

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<v Speaker 1>taxes anymore. The lawsuit claims that Trump's change will hurt

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<v Speaker 1>property values and hurt job creation. Worse, it'll hurt state

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<v Speaker 1>budgets because these taxpayers are gonna start paying attention to

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<v Speaker 1>state spending, which they can't have that. And they're really

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<v Speaker 1>really really mad because they say Republicans did all this

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<v Speaker 1>on purpose to hurt Democrat run high tax states. Now legally,

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<v Speaker 1>it's hard to see how they expect to win this one.

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<v Speaker 1>The Feds make federal law except for immigration, well they

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<v Speaker 1>make it, but everybody breaks it. So until they cut

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<v Speaker 1>their own taxes, these liberals are going to be singing

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<v Speaker 1>a blue state Blues for a long time to come.

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<v Speaker 1>I guess it's what happens when the Russians medal in

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<v Speaker 1>the elections.