Our CPA tells us that the big losers in the Republican tax plan will be those who make significant charitable contributions.
That sounds like the type of people who supported Donald Trump’s election.
Add in those who have high property taxes and it appears McHenry County residents might be wearing a target that that the tax “reform” will hit.
In the joint press conference of U.S. Senator Dick Durbin and McHenry County Board Chairman Jack Franks yesterday, Franks picked up on a statistic exclusively published on McHenry County Blog–that over 15,000 county properties have tax bills over the $10,000 level which would be deductible under the proposal legislation.
Property taxes are a hot button issue in local politics.
No reason to think they could not be in congressional elections.