4 Problems With Left’s Hypocritical Plan to Give Wealthy Constituents a Bigger SALT Deduction

Liberal legislators in high-tax states like New York, New Jersey, and California seem determined to make sure that their own high-income constituents pay for as little of their big spending plan as possible. Recently, the House of Representatives passed the largest expansion of means-tested welfare spending in U.S. history, along with hundreds of billions of new corporate welfare. In addition to about $ 2 trillion of new taxes in the bill, fully funding the so-called Build Back Better Act would require multitrillion-dollar tax increases in the future. Members of congress…

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US towns, cities fear taxpayer revolt if Republicans kill deduction – Reuters

Reuters US towns, cities fear taxpayer revolt if Republicans kill deductionReutersWASHINGTON (Reuters) – From Pataskala, Ohio, to Conroe, Texas, local government leaders worry that if Republican tax-overhaul plans moving through the U.S. Congress become law, it will be harder for them to pave streets, put out fires, fight crime and …and more » us republicans – Google News

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Republicans Are Reconsidering Full Repeal of State and Local Tax Deduction – New York Times

New York Times Republicans Are Reconsidering Full Repeal of State and Local Tax DeductionNew York TimesRepresentative Kevin Brady, Republican of Texas and chairman of the Ways and Means Committee, acknowledged that full repeal of the popular state and local tax deduction would be a “nonstarter” with many Republicans in Congress. Credit Al Drago for …Why the GOP tax plan could implodeCNBC Republican senator criticizes Trump tax planReutersBefore they can cut taxes, Republicans need to pass a budgetVoxFortune –Bloomberg –Washington Postall 527 news articles » us republicans – Google News

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