8 Articles
8 Articles
Top Democrat Rips Red ‘Taker States’ Getting Subsidized By Blue ‘Donor States’ Like New York: That’s ‘Actually Not Fair’
House Minority Leader Hakeem Jeffries (D-NY) was asked about the ongoing battle over the SALT deduction cap in the House on Monday. Jeffries fumed at the idea that GOP members from “taker states” want to keep taxing “Blue state” residents at a higher rate, while those states “subsidize” them at the federal level. “I wanted to ask you about the discussion going on with SALT right now. Obviously, you still have a fair amount of New York Republican…
New York Republican floats higher tax rate to pay for SALT
A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of raising the top rate for high earners to help pay for President Donald Trump’s tax cuts — and to get the stalled legislation moving. “The One Big Beautiful Bill has stalled — and it needs wind in its sails,” New York Representative Nick LaLota posted Saturday on X. “Allowing the top tax rate to expire —returning from 37% to 39.6…
Conservative rips blue state Republican’s proposal to raise taxes on wealthy in SALT debate
A conservative Republican said he’s opposed to his moderate colleague’s proposal for a modest tax hike on high-income earners, as GOP lawmakers continue to navigate divisions over President Donald Trump’s ‘one big, beautiful bill.’ ‘Well, think about that — higher taxes to pay for something that is pretty much self-inflicted by all the states that don’t have their financials in order,’ Rep. Ralph Norman, R-S.C., a member of the conservative Hous…
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