Quote:
Originally Posted by seattleflamer
There is also flexible spending accounts for (many medical/daycare) expenses which are pretax.
Also, phd, it is progressive at the state level assuming there is a state income tax which WA, FL, TX, NV to name a few off the top of my head don't. WA has a regressive system which is mostly dependent on sales tax.
And of course, those states' citizens successfully lobbied to have sales tax be included as a federal deduction because it wasn't fair that states with income tax were able to deduct.
Sublime...
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You're right of course. I didn't want to delve too much into state taxes because of those fancy states that don't have an income tax.