For CA GOP, Home Is Not Where the Heart Is
While House Republicans from California tout the GOP Tax Scam as a tax bill that brings ‘relief’ to Californians, they’re actually eliminating the deductions that working families in their districts benefit from.
The GOP bill caps the mortgage interest deduction at $500,000, which is half of the current $1 million cap. That’s a problem for thousands of CA households because four of the top six areas where more than 30 percent of new mortgages are over $500,000 are in districts represented by Republicans:
- More than 71.5% of homes in Rep. Darrell Issa’s district [CA-49] are over $500,000
- More than 76.9% of homes in Rep. Mimi Walters’ district [CA-45] are over $500,000
- More than 71.6% of homes in Rep. Ed Royce’s district [CA-39] are over $500,000
- More than 78.8% of homes in Rep. Dana Rohrabacher’s district [CA-48] are over $500,000
It’s time House Republicans prioritize their own constituents, rather than pursue their special-interest agenda to hand massive tax breaks to the wealthiest 1 percent and corporations. Democrats stand ready to work on real, bipartisan tax relief for hard-working families everywhere in America.