What’s the board consensus on eliminating the State tax deduction as part of Fed Tax bill?

Why should you and I pay more Federal income tax than those in high tax states. Those states should get their house in order.

Of course here in Louisiana we are almost as screwed up as NY, etc. The state budget in Louisiana is growing twice as fast as the economy here.

I love the "States Rights" but only as a talking point crowd.

No one is denying their right to life in high tax states. We just don’t want to subsidize it.

An inability to deduct those taxes from their federal tax will hopefully bring about pressure to reform taxes in those states.

Do I give a frick if someone who lives in Connecticut has to pay local NYC tax and state CT tax in addition to federal taxes?

If they don’t like it, they can vote to change their taxes or they can move to another state.

Insulating them from the true costs of the taxes in the areas where they live and work isn’t my fricking problem.

Add Maryland to the list of high state taxes. I have not yet formed a final opinion on the proposed tax reforms but my initial reaction is that something needs to be done and most beginnings are imperfect but necessary.

This is why I support it. Short term it’ll have a negative impact on my tax return (even with increased standard deduction) but I can live with it.

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I love the "States Rights" but only as a talking point crowd.

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Yeah this isn’t a “States Rights” issue at all.

I see it as one. A state has decided to have a certain level of taxation to support a level of provided services. The federal government has decided that the state tax should count as income to be taxed a 2nd time.

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Why should you and I pay more Federal income tax than those in high tax states. Those states should get their house in order.

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this

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No one is denying their right to life in high tax states. We just don’t want to subsidize it.

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My thoughts exactly.

But with that said, it's going to be a nail biter vote if they keep the wording to eliminate it. The vote for the budget was 216 to 212, with 3 Republicans and 2 Dems not voting. So lets assume that the 3 Rep would've voted yea, and the Dems would've voted nay, then the vote would've been 219 to 214. That leaves only a 5 vote margin to play with.

So now looking at the Republicans that voted yea for the budget that live in some of these high tax states, they are as follows: NJ-1, CA-14, NY-2, CT-0 (I'm not sure which other states have high enough state taxes to be hurt by losing the tax deductions). So there are at least 17 Republicans from some of these high tax states that voted for the budget, that may not be so willing to vote for a tax plan that causes the tax on their constitutes to go up.

Now there was about 7 or 8 Republicans from states I'm guessing aren't high tax states that did not vote for the budget, so they could be Freedom Caucus members that didn't like the budget but could vote for the tax plan. But either way, it is going to be an extremely tight vote if the part about eliminating the state tax deduction stays in the tax package.