Democratic leaders spoke out against the GOP tax plan on Monday, arguing it would disproportionately harm Californians, benefit the wealthy and impact the state’s infrastructure and affordable housing.
“We’re here to raise the alarm on behalf of Californians everywhere that the Republican tax plan is a terrible deal for America,” said Rep. Jimmy Gomez (D-Los Angeles), noting the version of the bill passed by the U.S. House of Representatives would raise taxes on all California families by $12.1 billion in 2027. “We see our state has the most to lose under this plan.”
Gomez, Los Angeles Mayor Eric Garcetti, and officials with the Los Angeles Metro and a real estate group pointed to several provisions they said would especially hurt the state’s residents, including the elimination of deductions for state and local taxes, and for earthquake and fire losses. They also warned about the plan’s cap on mortgage interest and property tax deductions, and other provisions that would impact affordable housing and transportation projects.