modern York Republicans said Wednesday that their chances of restoring the ability to deduct state and local taxes in a Republican tax bill may depend on help from President Trump.
Long Island Rep. Lee Zeldin said the modern York delegation is being left out of private negotiations with their own leaders — negotiations designed to win over reluctant Republican votes.
Specifically,Zeldin said he's heard House leaders are working with California Republicans worried about eliminating the ability to deduct state income taxes. Zeldin said the details aren't clear, but modern Yorkers might occupy to choose between deducting property or income taxes — and therefore not benefit from any changes.
But Zeldin said the modern York delegation could go above House leadership.“We might need the modern Yorker in the Oval Office to really put his muscle behind fixing a very unique modern York issue, or " Zeldin said.
A White House spokeswoman said the president is leaving the issue to the House and Senate to resolve.modern York and modern Jersey Republicans are worried that restricting the ability to deduct state and local taxes would results in tax increases for residents in their districts. They're pushing House leaders to restore the deduction in the final bill. The House bill would cap the property tax deduction at $10000. The Senate bill would eliminate it entirely.
An analysis from the Institute for Taxation and Economic Policy found modern York and modern Jersey were two of four states that would see a net income tax increase from the House tax bill. Forty-six other states would luxuriate in a tax slit.
Source: thetakeaway.org