Posted on 01/09/2025 4:56:51 PM PST by E. Pluribus Unum
Enough House Republicans are drawing red lines in pursuit of steeper state and local tax deductions and deep spending cuts to prevent President-elect Donald Trump’s agenda from being passed.
Even as lawmakers work on a consensus approach to a budget reconciliation package that will be the chief legislative vehicle for the Trump agenda, some key factions say their support depends on satisfying their demands.
Rep. Michael Lawler and his fellow New York Republicans are set to meet with Mr. Trump and make the case for lifting the cap on the state and local tax deduction from federal income taxes, also known as SALT, to keep up with the cost of living in high-tax states.
“I will not support a tax bill that does not lift the cap on SALT,” he said.
Many of The debt hawks in the House Freedom Caucus are setting another red line by advocating steep spending cuts.
“I’m trying not to have red lines,” Rep. Eric Burlison, Missouri Republican, told The Washington Times. “But I will say, if they’re going to be disingenuous about spending cuts, and we’re not going to make spending cuts, I’m not going to be happy with that. And I won’t support it.”
Other House Republicans scoffed at their colleagues’ legislative demands.
“People are already putting out red lines; shame on them,” Rep. Don Bacon, Nebraska Republican, told The Times. “These guys don’t know how to play ball. They play solitaire.”
Both chambers have thin margins, and any loss of support could sink Republicans’ plans to move quickly on their ambitious agenda without the help of Democrats, as the filibuster-proof reconciliation process allows.
Groups of House Republicans are taking their demands to Mr. Trump at weekend meetings at his Mar-a-Lago club in Palm Beach, Florida.
(Excerpt) Read more at washingtontimes.com ...
Tell your LOCAL GOVERNMENT THIEVES TO CUT THE PROPERTY TAXES!
Groups of House Republicans are taking their demands to Mr. Trump at weekend meetings at his Mar-a-Lago club in Palm Beach, Florida.
The plan is for high tax states to stop ripping off their constituents, not the other way around. Why should some states get deductions and others not. I don’t even think it’s constitutional.
Rep. Michael Lawler and his fellow New York Republicans are set to meet with Mr. Trump and make the case for lifting the cap on the state and local tax deduction from federal income taxes, also known as SALT, to keep up with the cost of living in high-tax states.
“I will not support a tax bill that does not lift the cap on SALT,” he said.
There is point for the above but another solution might be trying to reduce the state taxes?
Isn’t the SALT deduction just a transfer of tax burden to states without an income tax? I mean the FedGov collects fewer income taxes from states with high SALTs when the deduction is allowed or increased...
It won’t because this is just posturing and wishful thinking by the media.
No it ripping off the Fed taxpayers in other states by allowing state with high income taxes to be deduct the state burden from Federal income taxes.
If voters want the big tax nanny states like CA or NY then they should pay for it directly, not use an accounting gimmick like this to shift the burden
Nothing ever really changes...
tHAT’S WHAT I INSINUATED. :D oops caps. not editing
Isn’t the SALT deduction just a transfer of tax burden to states without an income tax? I mean the FedGov collects fewer income taxes from states with high SALTs when the deduction is allowed or increased...
Many people think their state tax and interest is deductible and it is but the REALITY is the standard deduction is GREATER THAN the itemized for many.
The original design of deduction of taxes was you can’t tax a tax. so federal taxable income was reduced by state taxes and state taxable was reduced by fed tax paid. It was logical, but I guess that history is going away.
new thinking is the state taxes are figured in the standard amount.
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