Mother Jones: Republican Plan Threatens School Funding to Pay for Corporate Tax Cuts

In New Jersey, 41 percent of taxpayers write off state and local taxes, averaging a $17,200 deduction. In Texas, 22 percent deduct an average of $7,600 apiece. Taxes and the cost of living are high enough in some blue states that many middle-class taxpayers would see their taxes go up if SALT is repealed. In New Jersey, 27 percent of middle-class households would pay more under the House tax bill in 2027, according to the liberal Institute on Taxation and Economic Policy. Rep. Bill Pascrell (D-N.J.) told Mother Jones that the move to cut SALT won’t just hit doctors and lawyers, but also “firefighters, first responders, police officers, and teachers.” Read more