(Regarding ‘Federal Tax Reform, Bad for Fairfax,’ Connection, Dec. 13, 2017)
Interesting article! However, I must take exception with the conclusion as presented by our local representatives. Capping the state and local write-offs will help to ensure that the local property taxes will slow their continued increases above a reasonable deduction against your federal income tax.
Maybe, just maybe once the local deductions are capped at 10K our local elected officials will stop or slow their tax and spend policies. Once the tax paying property owners find that their outrageous property taxes are not deductible they just might start questioning the out of control spending by our local Fairfax county representatives and maybe think of electing different representatives.
One can only hope that this tax bill passes and a capped of 10K is placed on local deductions. It is really time to bite the bullet and focus on spending.