homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

July 25, 2017

GOP favors ending tax that aids blue states

  • The deduction allows taxpayers to write off real estate taxes, and state and local income taxes. Taxpayers in states without an income tax can deduct sales taxes.
    • By STEPHEN OHLEMACHER
    Associated Press

    WASHINGTON — Republicans aren't usually big on raising taxes, but they're really eager to eliminate the federal deduction for state and local taxes.

    Why? A look at the states that benefit the most from the tax break helps explain it — they are all Democratic strongholds, or so-called blue states. New York, Connecticut, New Jersey and California top the list of states where taxpayers get the biggest deductions. Not a single Republican-leaning state ranks in the top 10.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.