Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
Related: About this forumSenior U.S. Republican to target state, local tax deduction
Source: Reuters
Senior U.S. Republican to target state, local tax deduction
By Kim Dixon
WASHINGTON | Fri Sep 20, 2013 10:12am EDT
(Reuters) - The U.S. Congress' top Republican tax law writer is drawing up a plan to rewrite the tax code and is likely to recommend repeal of a popular and costly federal tax deduction for state and local taxes paid, congressional aides said.
Expected to unveil his plan soon, House of Representatives Ways and Means Committee Chairman Dave Camp is pushing forward with the idea of a tax code overhaul despite expectations that this Congress is too fractured to take on such a big project.
With lawmakers faced off across a deep partisan fiscal divide, Camp's determination to proceed reflects a personal conviction that the tax code badly needs work.
Whatever plan he draws up could be a starting point for future discussions. Camp, through a spokeswoman, declined to comment for this story.
[font size=1]-snip-[/font]
By Kim Dixon
WASHINGTON | Fri Sep 20, 2013 10:12am EDT
(Reuters) - The U.S. Congress' top Republican tax law writer is drawing up a plan to rewrite the tax code and is likely to recommend repeal of a popular and costly federal tax deduction for state and local taxes paid, congressional aides said.
Expected to unveil his plan soon, House of Representatives Ways and Means Committee Chairman Dave Camp is pushing forward with the idea of a tax code overhaul despite expectations that this Congress is too fractured to take on such a big project.
With lawmakers faced off across a deep partisan fiscal divide, Camp's determination to proceed reflects a personal conviction that the tax code badly needs work.
Whatever plan he draws up could be a starting point for future discussions. Camp, through a spokeswoman, declined to comment for this story.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/2013/09/20/us-usa-tax-state-idUSBRE98J0HT20130920
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 995 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (3)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Senior U.S. Republican to target state, local tax deduction (Original Post)
Eugene
Sep 2013
OP
apnu
(8,759 posts)1. Did a pig fly by my window? A Republican wants to raise taxes?
That's how I read it. Using GOP logic, removing any deduction is a 'tax hike.'
hedgehog
(36,286 posts)2. It punishes people in states like New York for taxing themselves to pay
for things like schools and roads.
tokenlib
(4,186 posts)3. Dave Camp has always been an ass..the representative from Dow Chemical...
Any tax "reform" from these people will not help the 99%...