CALIFORNIA/GOP/TAXES: “Though the House and Senate have voted to repeal the deduction for state income taxes in Republican tax overhaul plans, it isn’t dead yet.
California Republicans are pushing for an income-tax deduction in the final tax bill being worked out by lawmakers in a House-Senate conference committee on tax legislation…
In November, 11 of the 14 California Republicans in the House voted for the tax bill; New Jersey and New York GOP members, with similarly high state taxes, were much more willing to vote no. The House will need to vote again, and Republicans need 217 votes to guarantee passage if no Democrats vote for the bill…
That property-tax break was especially important to New York and Illinois Republicans who voted for the House bill.
But it is less useful in California, where property taxes are limited and income taxes are more important.”
-Richard Rubin and Siobhan, Hughes, “California Republicans Push to Preserve Income-Tax Deduction,” The Wall Street Journal online, Dec. 5, 2017 06:51pm