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Faso will vote 'no' on tax bill

Dec 19, 2017 6:30 am

The Daily Freeman is reporting U.S. Rep. John Faso will vote “no” on the tax reform bill, the first-term Kinderhook Republican announced on his website, December 18. He cited the bill’s negative impact on New York state residents to support his intention, the same reason he gave for voting against the original version of the bill a little more than a month ago. However, he did vote to move the bill to a conference committee in a procedural vote December 4. “From the beginning, I wanted to support a tax reform plan that would increase economic growth, increase worker paychecks, incentivize small business investment and ensure New York families are better off. Unfortunately, this plan does not meet all of those criteria,...,” Faso said Monday. In the original House vote, Faso was one of 13 Republicans who voted "no" because that version of the bill called for the elimination of deductions for state and local income and sales taxes, and limited property tax deductions to $10,000. The final version of the bill keeps the $10,000 cap, but some of the deductions for state and local taxes have been revived. Read the full story in the Daily Freeman.