Off to Texas, I guess

Northwest Arkansas Democrat-Gazette - - VOICES -

Some states have an in­come tax and a prop­erty tax (e.g., Arkansas), and some states (e.g., Texas) only use a hefty prop­erty tax. Either way, the re­sult is the same to the tax­payer.

Hav­ing re­turned to Arkansas last year af­ter liv­ing in Texas for decades, I can state from ex­pe­ri­ence that your home state will get the money to run the gov­ern­ment one way or another.

I was amazed to read in Sun­day’s pa­per that my for­mer con­gress­man and chair­man of the Ways and Means Com­mit­tee, Kevin Brady, has now de­cided to al­low prop­erty-tax de­duc­tions in the com­ing tax bill, but not state in­come-tax de­duc­tions. This means that ci­ti­zens of states that ex­clu­sively use a prop­erty tax will have a much larger ad­van­tage in the tax bill, and whether in­ten­tional or not, the con­stituents of Kevin Brady will gain a big ad­van­tage over the ci­ti­zens of states that use an in­come tax.

The ci­ti­zens of Arkansas should de­mand a more bal­anced ap­proach to na­tional tax de­duc­tions. For ex­am­ple, the de­duc­tion could be a com­bi­na­tion of prop­erty tax and in­come tax with some sort of cap on the de­duc­tion. This would re­move the dis­ad­van­tage for ci­ti­zens of in­come-tax states while the cap would al­low Congress to achieve the in­crease in rev­enue that they are look­ing for.


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