'It's a Disgrace': New York GOP Fund-Raiser Quits Over Tax Bill

Elias Hubbard
November 18, 2017

A top Republican fundraiser in the state of NY has quit his position in the state's Republican Party because of the GOP tax reform bill, according to a new report.

"All I've heard from manufacturers and businessmen around central NY is "if you can give us the ability to compete on the world stage, we don't need an unfair advantage, we just need a more level playing field, we'll take care of the rest, we can expand, we can have more jobs here and we can be competitive", said Katko.

The tax legislation has proved particularly contentious in NY, since both the Senate and House versions of the bill would scrap state and local tax deductions. She did that while the state GOP supports tax reform they do hope that Congress will be able to keep SALT deductions in place.

Andrew Cuomo (D) said the actions of state Republicans who voted for the House tax reform plan were "treasonous".

The House bill also curtailed the deduction that homeowners can take for their mortgage interest payments, allowing deductions only up to $500,000 in loans.

That would save most homeowners in upstate NY from losing the deduction.

In Westchester County for example, the average property tax bill is $15,000. Other state legislators say it's unfair to expect New Yorkers to pay for the rest of the country.

Many Republican representatives have already come out and voiced that they will be voting against this bill.

Rep. John Katko (R-Camillus) says the bill provides tax cuts to the middle and working class.

The next step is the Senate has to approve its version of the tax bill, then lawmakers will have to figure out a way to combine the two to create one plan.

Several Republican congressmen subsequently accused Cuomo of lying about discussing the House tax bill with them.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER