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:
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