This bill lifts the #SALT cap, doubles the teacher tax credit & creates a deduction for first responders. From the very first tax, we have included a deduction for state & local taxes for the simple reason that we shouldn’t tax people twice on their hard-earned income.
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Alexander Hamilton wrote in Federalist 32 that the U.S. Constitution would give states “an independent and uncontrollable authority to raise their own revenues for the supply of their own wants.”
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What Hamilton understood is that certain services- roads, schools, fire departments, libraries- are better and more efficiently provided by local authorities. When we double tax that income, we create undue tension between federal and local authorities.
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That’s why I have fought all year for this moment to undo the
#GOPTaxScam and restore the State and Local Tax Deduction for hard working people across this country.Show this thread
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I am not sure which district we are all talking about but state leadership is causing my pain. My IL payroll taxes went up again this year and always looking forward to the new IL taxes starting next year. I don’t believe any of these were implemented by a federal tax bill.
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Seems very well-intentioned. Will it become law?
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Thank you Sean!
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Thank you for trying to fix some of the damage done to the 6th by GOP TJCA. In 2020, voters should remember that
@JeanneIves is lying when she spews the same false promises that Roskam did in 2018 about GDP growth. Didn’t happen.#IvesLieshttps://www.brookings.edu/blog/up-front/2019/09/25/a-fixable-mistake-the-tax-cuts-and-jobs-act/amp/ … -
This is a perfect example of gaslighting.
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