Rep. Adriano Espaillat (NY-13) released the following statement in response to the tax bill released by House Republicans earlier today:
“The Ryan/McConnell tax bill revealed by Republicans earlier today is clearly a tax cut for the wealthiest Americans while leaving the middle class and working families behind,” said Rep. Adriano Espaillat.
“In my district, this tax bill will cap the state and local tax (SALT) deduction that many of my constituents rely upon. Capping SALT will have devastating consequences to constituents across all income brackets, and will negatively impact the ability for states and cities to raise critical funding for schools and infrastructure. Additionally, New York middle class families hit hard by significant medical costs will no longer be able to write off these costs under the Republican Plan. Individuals will also lose deductions for personal casualty losses as well as exclusions for dependent care assistance programs, which are both important benefits for working families.
“There are numerous shortcomings to this tax plan, and as written, I will be voting against it as it shortchanges working and middle-class New Yorkers and families across the nation.”
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