Many Congressmembers From Northeast Don’t Like The GOP Tax Plan

The tax plan unveiled by Republicans in the House of Representatives will disproportionately raise taxes on for those living in Northeast states like New York, New Jersey, and Connecticut. Many lawmakers from the region, including Republicans, are against the plan. For high tax states with high housing costs, the GOP plan is sobering. It would eliminate deductions for state and local income taxes while also capping property deductions. For example, New Yorkers making $75,000-$100,000 per year will have to pay taxes on $10,000 more in income.

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PA Voters Could Step Toward Property Tax Elimination

HARRISBURG (WSKG) — When Pennsylvanians go to the polls next Tuesday, they’ll have a rare opportunity to vote to change the state constitution.  They’ll decide via ballot measure whether to make property tax elimination an option. However, it would only be the first step in a long process. Property tax rates largely depend on how much school districts and local governments decide to exempt from taxation. Right now, state law lets them exclude up to 50 percent of an area’s median home value. The ballot measure would increase that cap to 100 percent–so jurisdictions could opt to totally eliminate property taxes.