In Democrat-led State Capitals, GOP Tax Reform Push Could Scramble Fiscal Plans
The Republican tax reform push in Washington is setting off budgetary alarm bells in high-tax states like New York, California and New Jersey, in the latest political skirmish to pit national Republicans against Democratic state and big-city leaders. With Republicans intent on shrinking or repealing the state and local tax deduction, California officials are worried that the House-passed tax bill, and the emerging Senate measure, would force local governments to reduce taxes and make big cuts to schools and social services.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063