“Two out of three millionaires get a big tax cut” if the Biden administration’s Build Back Better plan is enacted, Rep. Kevin Brady (R-TX) said.
Sen. Joni Ernst (R-IA) told Breitbart News during a press conference on Wednesday that House Speaker Nancy Pelosi (D-CA) wants carveouts for millionaires to “shore up” support for Democrats.
A key provision of the Trump tax cuts has survived a challenge from high tax Blue States that claimed they were unfairly targeted.
Democrats claim the key to flipping the House of Representatives in November is targeting four GOP seats in California’s Orange County, formerly the “Most Republican County in America.”
Democrats are unlikely to agree to a DACA deal because they think time is on their side, and they are simply incapable of compromising with President Trump on anything.
New York Governor Andrew Cuomo told CNN’s New Day on Thursday morning that President Donald Trump’s new tax reforms are “a dagger in the heart of New York and California” because they cap the state and local tax (SALT) deduction.
Two California Republicans, Darrell Issa (R-CA) and Dana Rohrabacher (R-CA), voted against the tax reform bill on Tuesday.
Conservative Rep. Dana Rohrabacher (R-CA) is still voting “no” on the Republican party’s new tax reform bill, even though party leaders have attempted to make adjustments to bring reluctant members from California and New York on board ahead of a vote on the final bill in the House of Representatives on Tuesday.
The San Francisco Bay Area, as America’s most liberal metropolitan area is about to be economically carpet bombed by the President Donald Trump’s tax reform.
The Republican tax overhaul will not be the punishment expected by many residents of high-tax, Democrat-voting areas. Many of those who have the most to lose from the elimination of state and local tax deductions will actually come out ahead under either the House or Senate versions of the bills.
Three of the four most conservative rated California members of Congress just voted against the House tax reform bill. Conservative Reviews’ Congressional Liberty ratings for conservative voting records by California’s 14 Republican members of the Congress reveals Rep. Thomas McClintock
Wall Street Journal columnist Kimberley Strassel is applauding California Republicans, who largely held the line on tax reform, voting to pass the House bill this week when party members from other high-tax blue states, like New York, did not.
If the proposal to end the state and local tax deduction (SALT) remains in the final bill when it is passed, it could trigger a political revolution in the liberal coastal “blue” states.
Despite Californians receiving one-fifth of all the benefits from the state and local tax (SALT) deduction, the state’s Republican congressional members seem unafraid to dump it.
California Gov. Jerry Brown warned fourteen Republicans in the state’s congressional delegation Friday that it would be “morally” wrong for them to support President Donald Trump’s tax reform plan.
All 14 California Republicans in the U.S. House of Representatives voted Thursday to pass the Senate’s version of a new budget bill that prepares the way for tax reform.
Steven Mnuchin is not backing away from the Republican proposal to eliminate the federal tax deduction for state and local taxes, a provision that would hit hardest in highly taxed, politically liberal states like New York and California.
President Donald Trump’s proposed tax reform, which would eliminate the state and local tax deduction, would cost California elites about $17.1 billion.
