Washington, D.C, Sept. 27, 2017 -- In response to the Republican tax reform plan released today that included the elimination of the State and Local Tax Deduction (SALT), the President of the U.S. Conference of Mayors (USCM) and New Orleans Mayor Mitch Landrieu released the following statement:
|
|||
“The President’s current tax proposal would repeal the State and Local Tax (SALT) deduction, increasing taxes on millions of hard-working American families – this is unacceptable. Yet again, we are discussing a federal plan that puts ordinary American people at the losing end. Every state will be hurt by this change – in my home state of Louisiana alone this proposal would deny Louisiana taxpayers over $3 billion in deductions annually.
“Today, a bipartisan group of Mayors from around the country are here in D.C. to work with Congress for a fairer, more equitable tax code. Mayors are ready to speak out and educate Congress, and the public, on why the State and Local Tax deduction cannot and must not be eliminated.”
On Monday, 130 bipartisan mayors issued a letter to Congress urging members to maintain the SALT deduction. See full text of the letter here.
On Tuesday and Wednesday of this week, a bipartisan delegation of Mayors met with leaders and members of the House and Senate urging Congress to include state and local officials early in the process and to follow the regular order that will allow for ample testimony, review and consideration of the impact that any changes to the tax code will have on middle class and working families and the overall economy.
###
The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. There are nearly 1,400 such cities in the country today, and each city is represented in the Conference by its chief elected official, the mayor. Like us on Facebook at facebook.com/usmayors, or follow us on Twitter at twitter.com/usmayors
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/aef389cf-b57d-4643-b15a-b4cf15e09260
Sara Durr The U.S. Conference of Mayors 202-215-1811 [email protected]


Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Washington Post Publisher Will Lewis Steps Down After Layoffs
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 



