Looks like there may be a few cracks showing in the California delegation of Congress on the Tax Bill. The AMT and the SALT deductions being taken out is starting to cause some real concern for those in high tax California. Tech Firms and property owners are freaking out right now. Double down on your calls to California congress people. This fight is not yet over.
www.washingtonpost.com/…
Neither the House nor Senate bills contain provisions allowing for the deductibility of state income taxes, which would typically mean the provision would be off limits in a conference. But House Republicans believe they can “airdrop” the provision, in congressional lingo, to firm up support from Republican House members in California and other high-tax, largely Democratic states.
Again these guys don’t have good math skills. Putting both those back in will balloon the deficit passed the 1.5 trillion the Senate has to keep it under to pass under their reconciliation process. So just “air dropping” sounds so easy. Ha. Have fun with that. RESIST!!!