Wednesday, October 19, 2005
Bush's tax panel would limit break for homeowners -- Kathleen Pender, San Francisco Chronicle
Bush's tax panel would limit break for homeowners / Dems complain plan would hit California, other blue states hard: "A tax reform proposal agreed upon Tuesday by President Bush's advisory panel would eliminate the federal deduction for state and local taxes and sharply limit the tax break for home mortgage interest.
That's leading some Democrats in California and New York to assail it as an attack on the blue states -- the ones that voted Democratic in the 2004 presidential election -- which tend to have higher taxes and housing costs."
That's leading some Democrats in California and New York to assail it as an attack on the blue states -- the ones that voted Democratic in the 2004 presidential election -- which tend to have higher taxes and housing costs."
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