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Reading: Republican Agenda Hits Familiar Obstacle: State and Local Taxes
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Home » Blog » Republican Agenda Hits Familiar Obstacle: State and Local Taxes
Economy

Republican Agenda Hits Familiar Obstacle: State and Local Taxes

Sarah Collins
By Sarah Collins
2 Min Read
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Gerhard Randers-Pehrson, an 81-year-old Ossining resident, NY, believes that the $ 10000 limit should go, but not too much. While Mr. Randers-Pehrson, a retired research scientist, said he paid $ 16,000 in state and local taxes last year, does not expect a personal duration of a higher limit. It would take the standard deduction instead of detailing. But the problem still bothers him.

“I don’t think we should punish the areas that try to do the right thing for the maunicipal services they provide,” he said. His congressman, representative Mike Lawler, Republican and one of the Holdots on the subject, has proposed to raise the limit to $ 100,000 for individuals and $ 200,000 for married couples. Mr. Randers-Perhson believes that such an increase would be too high.

Even among Republicans who wish to increase the limit, agree on a demand has been a challenge.

Republican Jeff, a New Jersey Republican, has said that a limit of around $ 30000 or $ 40,000 would be acceptable, while a group of four Republicans in New York issued a statement on Thursday by calling a limit of $ 300,000 “insulting.” The representative Young Kim, Republican or California, recently floated a deduction of $ 62,000 per individual. Meanwhile, the representative Nicole Malliotakis, a Republican from New York on the Committee of forms and Media, has suggested that Americans under a certain revenue limit should be able to take complete deduction.

“I always focused on the people I represented in Staten Island and Brooklyn, who mostly earn less than $ 500,000,” he said.

The republican leaders of the camera remain optimistic that they can thread the needle. Beyond salt, they are also dealing with a last minute thrust of Mr. Trump to increase taxes on the rich, he thought the president seemed to go back again from that idea in a publication on social networks on Friday. “Republicans should not do it, but I’m fine if they do!” The president wrote.

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