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Faso to vote against GOP tax bill

Nov 16, 2017 6:45 am

Matthew Hamilton is reporting in the Times Union U.S. Rep. John Faso said late Wed., Nov. 15, he will vote against the House Republican tax reform plan when it comes up for a vote Thursday. Faso's no vote means a majority of New York's nine House Republicans plan to vote against the bill. The Kinderhook Republican, who was still undecided during a telephone town hall Tuesday night, has expressed concerns about the provisions of the bill that ends deductions for state income and sales taxes, and caps property tax deductions at $10,000. Faso also does not support the plan to eliminate deductions for medical bills. Faso said Tuesday he does like the included proposals to double the standard deductions to $12,000 for individuals and $24,000 for married couples and the ability for small businesses to write off equipment and machinery expenses in the same year the purchases are made. Read the full story in the Times Union.