WEBVTT - Rush Limbaugh November 8th 2017

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<v Speaker 1>It is never a good look when you wear a long,

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<v Speaker 1>bulky dress shirt un tucked. And you may think it

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<v Speaker 1>makes you look casual, but more than likely you just

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<v Speaker 1>Last Friday, the Washington Post ran an ominous headline of

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<v Speaker 1>Republicans are gonna be raising taxes on some Americans and

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<v Speaker 1>that there will be a backlash. Now, first of all,

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<v Speaker 1>the Post tax bill isn't the final version, a lot's

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<v Speaker 1>gonna inevitably change. But what really bugs the Washington Post

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<v Speaker 1>is the proposal to eliminate deductions for state income taxes.

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<v Speaker 1>If you live in an expensive blue city like New York,

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<v Speaker 1>San Francisco, Los Angeles, and your state has super high

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<v Speaker 1>income taxes like New York and California, do well, this

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<v Speaker 1>could impact you. The Washington Post gives some examples. Take

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<v Speaker 1>a California resident who makes a hundred thousand dollars a year,

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<v Speaker 1>Their state tax alone would come in at sixth grand

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<v Speaker 1>and it would no longer be deductible. Somebody who makes

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<v Speaker 1>a hundred fifty thousand lives in San Francisco or Los

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<v Speaker 1>Angeles can expect to pay over ten thousand dollars a

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<v Speaker 1>year in state taxes no longer deductible. Yes, so some

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<v Speaker 1>people be upset, But the Washington Post never raises some

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<v Speaker 1>important questions. One, why are your state taxes so high?

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<v Speaker 1>And too, why do you keep voting for people who

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<v Speaker 1>keep raising your taxes? Finally, why should people in low

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<v Speaker 1>tax states or with no state tax deductions subsidize people

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<v Speaker 1>in high tech states? As for backlash, California, New York

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<v Speaker 1>don't vote Republican anyway, so the supposed anti Republican backlash

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<v Speaker 1>might not be as ominous as the Washington Post hopes.

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<v Speaker 1>In fact, it probably be some applause for it. Yes,