By Laura Davison, Kaustuv Basu and Allyson Versprille (Bloomberg News) –
House GOP leaders are forging ahead with a vote on a second phase of tax cuts this month, despite dissension from Republicans in high-tax states who say the measure would hurt their voters.
The legislation would make permanent all the individual changes in the 2017 tax law, including the $10,000 cap on state and local tax deductions. The decision to hold the vote shows leaders have decided they can sacrifice the support of some Republican lawmakers in New York, New Jersey and other high-tax states — and don’t mind putting them in the tricky spot of either supporting the cap, or voting against tax cuts backed by their party.
Bloomberg News reported Tuesday that largely because of the SALT cap dilemma, House Republicans were hitting the pause button on “Tax Reform 2.0” legislation, according to three GOP aides who requested anonymity to speak about the matter. The lawmakers had wanted to weigh the political benefits and risks of a vote.