Los Angeles Times: A Tax Bill No Responsible California Lawmaker Should Support

But the bill’s cuts in personal tax rates, its increase in the standard deduction and other benefits for individual taxpayers are partially offset by reductions in some popular tax deductions — including those for state and local taxes and mortgage interest payments, many of whose beneficiaries live in states with high income or sales taxes and high property values. As a result, according to a new analysis by the left-leaning Institute on Taxation and Economic Policy, the House bill would force taxpayers in California, New York, New Jersey and Maryland to pay $16.7 billion more in personal income taxes in 2027 than they would under current law, while taxpayers in the other 46 states would pay $101.5 billion less. More than one-third of the cuts would flow to Texas and Florida. Read more