Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: davikkm

Unless I’m misreading the news stories on this, this passed because the budget left the local tax deductions in place. As predicted, there were enough Republicans in CA, IL, NY and NJ to torpedo that idea.

Whether that idea is permanently dead or not, I don’t know.


35 posted on 10/26/2017 9:40:23 AM PDT by WVMnteer
[ Post Reply | Private Reply | To 1 | View Replies ]


To: WVMnteer

According to the WSJ:

“Eleven of the 20 Republican no votes came from representatives of the high-tax states of New York and New Jersey, who defected because of the party’s plan to limit or repeal the deduction for state and local taxes.”

Currently, the state/local deductions is OUT. But this budget doesn’t decide anything. Tax reform voting is still to come.


45 posted on 10/26/2017 10:52:15 AM PDT by SpeedyInTexas
[ Post Reply | Private Reply | To 35 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson