An article in the Sunday Chicago Tribune entitled, “GOP tax increase targets blue states,” deserves our attention.
Now, property taxes are deductible on our Federal income taxes.
The article says that “Federal deductions for state, local taxes on chopping block.”
Guess who has the highest state and local taxes.
It’s those states led by tax hungry Democrats.
Perhaps national Republicans have not figured out that Republicans are more likely to own real estate than Democrats.