|
Trump's tax plan is ALREADY in trouble with his own party
 - [Daily Mail, Where America Gets Its News] The White House's tax plan proposes to raise $1 trillion over 10 years by eliminating the deduction for the state and local income taxes people pay
- That's drawing howls of protest from Republicans whose states charge high income tax rates
- Seven states have no income taxes, meaning their citizens wouldn't be affected
- But some states charge up to 13.3 per cent on top of federal taxes
- A family in Los Angeles earning $100,000 would have to fork over roughly an additional $1,800 to Washington if the longstanding deduction goes away
- Trump is pitching his tax plan to the National Association of Manufacturers on Friday
Posted by: Fred 2017-09-30 |
