Tuesday
November 14, 2017


 

 

 

Lowey blasts “devastating impact” of GOP tax plan

WHITE PLAINS – Congresswoman Nita Lowey (D, NY-17) condemned the House Republican tax plan on Monday saying it would have a devastating impact on middle-class Hudson Valley residents.

The vote is likely to take place on Thursday and the long-time lawmaker plans on voting against it.

“To do a tax impact that is so devastating to people in the Hudson Valley, in New York, in California, Chicago and many other places would be devastating. It would be absolutely wrong and really a scam on the American people,” Lowey said.

The GOP plan would slash the state and local tax deduction, eliminate the medical expense deduction and cut the current mortgage interest deduction in half.

“The tax reform proposal currently in the House and Senate would decrease home values, increase property and income taxes and put home ownership out of reach for many Americans in New York and the rest of the country,” said Dorothy Botsoe, president of the Hudson Gateway Association of Realtors.

Ossining School Board member Frank Schnecker, vice president of the Westchester Putnam School Boards Association, said the proposed changes to the federal tax code “are a direct attack on local public education funding.” He said if New Yorkers are no longer allowed to fully deduct their state and local taxes from their income tax filings, “it will leave a huge hole in their wallets.”

Spring Valley resident Ellen Belinsky, whose husband, Irwin, has Alzheimer’s, said “losing the medical tax deduction would present a major hardship, which would be exacerbated by the loss of state and local tax deductions.”

 


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