Messages. Targets. California. The SALT messages we need to deliver are:

Similar documents
Undocumented Immigrants are:

State Individual Income Taxes: Personal Exemptions/Credits, 2011

Checkpoint Payroll Sources All Payroll Sources

2018 Midterm Forecast Roundup: Week of Aug. 6

Sales Tax Return Filing Thresholds by State

Unpacking the New Tax Law: What Happened and What s Next

Understanding Oregon s Throwback Rule for Apportioning Corporate Income

The Effect of the Federal Cigarette Tax Increase on State Revenue

The Costs and Benefits of Half a Loaf: The Economic Effects of Recent Regulation of Debit Card Interchange Fees. Robert J. Shapiro

Income from U.S. Government Obligations

Q Homeowner Confidence Survey Results. May 20, 2010

Kentucky , ,349 55,446 95,337 91,006 2,427 1, ,349, ,306,236 5,176,360 2,867,000 1,462

MEDICAID BUY-IN PROGRAMS

AIG Benefit Solutions Producer Licensing and Appointment Requirements by State

State Income Tax Tables

How States would be Affected by Obama s Proposed Tax Increases on High-Income Earners

TA X FACTS NORTHERN FUNDS 2O17

Media Alert. First American CoreLogic Releases Q3 Negative Equity Data

To: Craig Varoga & Alixandria Lapp at Patriot Majority USA. Subject: Congressional Republicans Vulnerable in Upcoming Re-Elections

MainStay Funds Income Tax Information Notice

State Corporate Income Tax Collections Decline Sharply

Impacts of Prepayment Penalties and Balloon Loans on Foreclosure Starts, in Selected States: Supplemental Tables

Mutual Fund Tax Information

Annual Costs Cost of Care. Home Health Care

Pay Frequency and Final Pay Provisions

Economic Impacts of Wait Times for Commercial Driver s Licenses Skills Tests

Union Members in New York and New Jersey 2018

SUMMARY ANALYSIS OF THE SENATE AGRICULTURE COMMITTEE NUTRITION TITLE By Dorothy Rosenbaum and Stacy Dean

The Effects of the Bush Tax Cuts on State Tax Revenues

CRS Report for Congress

Motor Vehicle Sales/Use, Tax Reciprocity and Rate Chart-2005

INVITATION FOR BID NUMBER AEPA IFB #009-D DIGITAL COPIERS AND RELATED EQUIPMENT PART B SPECIFICATIONS TABLE OF CONTENTS

How Much Would a State Earned Income Tax Credit Cost in Fiscal Year 2018?

8, ADP,

STATES CAN RETAIN THEIR ESTATE TAXES EVEN AS THE FEDERAL ESTATE TAX IS PHASED OUT. By Elizabeth C. McNichol, Iris J. Lav and Joseph Llobrera

State Tax Treatment of Social Security, Pension Income

Daniel Morris, MS, PhD

Termination Final Pay Requirements

State Social Security Income Pension Income State computation not based on federal. Social Security benefits excluded from taxable income.

Federal Rates and Limits

Residual Income Requirements

American Economics Group Clear and Effective Economic Analysis. American Economics Group

Mutual Fund Tax Information

Federal Registry. NMLS Federal Registry Quarterly Report Quarter I

Taxes and Economic Competitiveness. Dale Craymer President, Texas Taxpayers and Research Association (512)

Providing Subprime Consumers with Access to Credit: Helpful or Harmful? James R. Barth Auburn University

Phase-Out of Federal Unemployment Insurance

Ability-to-Repay Statutes

Recourse for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL-CIO

2017 Tax Guide FORM 1099-DIV

Fiscal Fact. By Kail Padgitt and Alicia Hansen

Economic Growth Through Employee Ownership. How states can save jobs and address the wealth inequality gap through ESOPs

Aetna Individual Direct Pay Commissions Schedule

PAY STATEMENT REQUIREMENTS

If the foreign survivor of the merger is on the record what do you require?

Equity and Fixed Income

Fingerprint, Biographical Affidavit and Third-Party Verification Reports Requirements

NOTICE TO MEMBERS CANADIAN DERIVATIVES CORPORATION CANADIENNE DE. Trading by U.S. Residents

ATHENE Performance Elite Series of Fixed Index Annuities

DFA INVESTMENT DIMENSIONS GROUP INC. DIMENSIONAL INVESTMENT GROUP INC. Institutional Class Shares January 2018

Forecasting State and Local Government Spending: Model Re-estimation. January Equation

FISCAL FACT Top Marginal Effective Tax Rates By State under Rival Tax Plans from Congressional Democrats and Republicans

The table below reflects state minimum wages in effect for 2014, as well as future increases. State Wage Tied to Federal Minimum Wage *

EBRI Databook on Employee Benefits Chapter 6: Employment-Based Retirement Plan Participation

2014 STATE AND FEDERAL MINIMUM WAGES HR COMPLIANCE CENTER

Task Force on State and Local Taxation

Comparison of 2006 Individual Income Tax Burdens by State

Tax Recommendations and Actions in Other States. Joel Michael House Research Department June 9, 2011

WikiLeaks Document Release

DSH Reduction Allocation Process Flows. DRAFT Based on 5/15/13 NPRM

CENTER FOR ECONOMIC AND POLICY RESEARCH. State Payroll Taxes: A Tool for States to Circumvent the Republican Tax Plan

NAUPA Holder Workshop Legislative Trends and Highlights

Fingerprint and Biographical Affidavit Requirements

All Approved Insurance Providers All Risk Management Agency Field Offices All Other Interested Parties

STATE MINIMUM WAGES 2017 MINIMUM WAGE BY STATE

STATE AND FEDERAL MINIMUM WAGES

Questions Regarding Name Standards. Date: March 6, [Questions Regarding Name Standards] [March 6, 2013]

FARM BILL CONTAINS SIGNIFICANT DOMESTIC NUTRITION IMPROVEMENTS By Dorothy Rosenbaum 1

Revised Senate Plan Would Raise Taxes on at Least 29% of Americans and Cause 19 States to Pay More Overall (State-by-State Figures in Appendix)

Do you charge an expedite fee for online filings?

Selected States Have a New Opportunity to Use More of Their SCHIP Funds for Outreach

State Estate Taxes BECAUSE YOU ASKED ADVANCED MARKETS

Important 2007 Tax Information

ADDITIONAL REQUIRED TRAINING before proceeding. Annuity Carrier Specific Product Training

Required Training Completion Date. Asset Protection Reciprocity

Withholding of Income Taxes and the Making Work Pay Tax Credit

Exhibit 57A. Approved Attorney Fees and Title Expenses

H E C M F O R P U R C H A S E HOME BUYER S GUIDE

YES, FEDERAL UNEMPLOYMENT BENEFITS SHOULD BE TEMPORARY BUT NO, THE PROGRAM SHOULDN T BE ENDED YET. by Isaac Shapiro and Jessica Goldberg

White Paper 2018 STATE AND FEDERAL MINIMUM WAGES

State Minimum Wage Chart (See below for Local/City Minimum Wage Chart)

Equity and Fixed Income

Insurer Participation on ACA Marketplaces,

Overview of Sales Tax Exemptions for Agricultural Producers in the United States

Property Taxation of Business Personal Property

Child Care Assistance Spending and Participation in 2016

Mapping the geography of retirement savings

ALLIANCEBERNSTEIN TAX BULLETIN

WikiLeaks Document Release

Credit Where Credit is (Over) Due

Transcription:

Messages The SALT messages we need to deliver are: 1. We stand firmly for the preservation of the full deduction for state and local taxes, and urge you speak out in favor of SALT and vote against any tax reform plan that eliminates, restricts or modifies this deduction. 2. SALT has been a fixture of the federal tax code and our nation's fiscal federalism for more than 100 years to guard against double taxation of households and protect the fiscal integrity of state and local governments, and it should remain in the tax code without limitation. 3. Any limitations, restrictions or changes to SALT would undermine these fundamental principles of our federalism and create a slippery slope that would subject SALT to continued erosion whenever Washington needs more money at the expense of 44 million middle class households and homeowners who now claim this deduction. 4. The elimination of SALT is one of the largest sources of revenue in the "Big Six" tax plan, estimated at $1.3 trillion dollars taken from 44 million households. Thus, any compromise and anything less than preserving the full deduction is sure to cause millions of taxpayers to pay higher taxes, undermine funding for state and local government and the services they support and possibly cause home values to decline as well. Targets Calls to any members of Congress are helpful, but we ask you to do everything possible to make sure the members in the below table hear from you because all of them have high SALT percentages in their districts and have the most to lose if SALT is changed. If you have state or local affiliates that touch these districts, please share with your colleagues and ask them to take action today. Please don't be shy; more calls are better than fewer. We can't overdo it. We need to mobilize. The phone number for the Congressional switchboard is (202) 224-3121. Please let us know what you hear. Thanks so much. California District: 22 Nunes (R)

SALT: 23.86% # of Total Tax Filers 153,985 # of SALT Deductions 36,733 Total SALT Deduction $361,586,800 Average SALT Deduction $9,844 District: 23 McCarthy (R) SALT: 29.25% # of Total Tax Filers 478,611 # of SALT Deductions 140,004 Total SALT Deduction $2,011,800,500 Average SALT Deduction $14,370 District: 25 Knight (R) SALT: 33.18% # of Total Tax Filers 353,761 # of SALT Deductions 117,394 Total SALT Deduction $1,963,153,000 Average SALT Deduction $16,723 District: 39 Royce (R) SALT: 33.24% # of Total Tax Filers 637,105 # of SALT Deductions 211,760 Total SALT Deduction $3,298,137,200 Average SALT Deduction $15,575 Walters (R)

District: 45 SALT: 37.10% # of Total Tax Filers 210,444 # of SALT Deductions 78,074 Total SALT Deduction $1,420,942,000 Average SALT Deduction $18,200 District: 48 SALT: 37.10% # of Total Tax Filers 210,444 # of SALT Deductions 78,074 Rohrabacher (R) Total SALT Deduction $1,420,942,000 Average SALT Deduction $18,200 District: 49 Issa (R) SALT: 34.96% # of Total Tax Filers 516,688 # of SALT Deductions 180,616 Total SALT Deduction $2,984,562,000 Average SALT Deduction $16,524 Colorado District: 6 Coffman (R) SALT: 42.15% # of Total Tax Filers 173,587 # of SALT Deductions 73,158 Total SALT Deduction $730,533,500

Average SALT Deduction $9,986 Iowa District: 3 Young (R) SALT: 35.02% # of Total Tax Filers 378,390 # of SALT Deductions 132,520 Total SALT Deduction $1,386,190,000 Average SALT Deduction $10,460 Illinois District: 6 Roskam (R) SALT: 38.46% # of Total Tax Filers 560,386 # of SALT Deductions 215,536 Total SALT Deduction $3,196,473,600 Average SALT Deduction $14,830 Kansas District: 3 Yoder (R) SALT: 37.09% # of Total Tax Filers 359,920 # of SALT Deductions 133,495 Total SALT Deduction $1,497,309,000 Average SALT Deduction $11,216 Michigan

District: 8 Bishop (R) SALT: 34.63% # of Total Tax Filers 375,125 # of SALT Deductions 129,913 Total SALT Deduction $1,354,539,800 Average SALT Deduction $10,427 District: 11 Trott (R) SALT: 30.05% # of Total Tax Filers 357,983 # of SALT Deductions 107,590 Total SALT Deduction $1,142,222,600 Average SALT Deduction $10,616 Minnesota District: 2 Lewis (R) SALT: 42.54% # of Total Tax Filers 368,913 # of SALT Deductions 156,933 Total SALT Deduction $1,801,436,200 Average SALT Deduction $11,479 District: 3 Paulsen (R) SALT: 39.90% # of Total Tax Filers 288,932

# of SALT Deductions 115,280 Total SALT Deduction $1,731,646,300 Average SALT Deduction $15,021 North Carolina District: 2 Holding (R) SALT: 31.97% # of Total Tax Filers 374,802 # of SALT Deductions 119,817 Total SALT Deduction $1,118,547,210 Average SALT Deduction $9,335 District: 13 Budd (R) SALT: 33.27% # of Total Tax Filers 297,089 # of SALT Deductions 98,852 Total SALT Deduction $948,383,500 Average SALT Deduction $9,594 Nebraska District: 2 Bacon (R) SALT: 32.92% # of Total Tax Filers 303,755 # of SALT Deductions 100,010 Total SALT Deduction $1,248,511,000 Average SALT Deduction $12,484

New Jersey District: 3 MacArthur (R) SALT: 42.62% # of Total Tax Filers 167,853 # of SALT Deductions 71,533 Total SALT Deduction $857,484,000 Average SALT Deduction $11,987 District: 7 Lance (R) SALT: 46.22% # of Total Tax Filers 459,890 # of SALT Deductions 212,570 Total SALT Deduction $4,522,686,800 Average SALT Deduction $21,276 New York District: 2 King (R) SALT: 47.80% # of Total Tax Filers 434,736 # of SALT Deductions 207,799 Total SALT Deduction $4,178,971,000 Average SALT Deduction $20,111 District: 11 Donovan (R) SALT: 36.02%

# of Total Tax Filers 419,750 # of SALT Deductions 151,202 Total SALT Deduction $2,081,860,900 Average SALT Deduction $13,769 District: 19 Faso (R) SALT: 31.08% # of Total Tax Filers 396,465 # of SALT Deductions 123,225 Total SALT Deduction $1,540,434,500 Average SALT Deduction $12,501 District: 23 Reed (R) SALT: 22.09% # of Total Tax Filers 309,200 # of SALT Deductions 68,300 Total SALT Deduction $800,207,000 Average SALT Deduction $11,716 District: 27 Collins (R) SALT: 28.83% # of Total Tax Filers 576,445 # of SALT Deductions 166,200 Total SALT Deduction $2,015,226,500 Average SALT Deduction $12,125 Ohio Turner (R)

District: 10 SALT: 27.14% # of Total Tax Filers 338,120 # of SALT Deductions 91,750 Total SALT Deduction $851,720,000 Average SALT Deduction $9,283 District: 12 Tiberi (R) SALT: 32.73% # of Total Tax Filers 452,647 # of SALT Deductions 148,153 Total SALT Deduction $1,714,441,500 Average SALT Deduction $11,572 District: 16 Renacci (R) SALT: 28.05% # of Total Tax Filers 409,899 # of SALT Deductions 114,994 Total SALT Deduction $1,201,028,600 Average SALT Deduction $10,444 Pennsylvania District: 6 Costello (R) SALT: 39.73% # of Total Tax Filers 250,966 # of SALT Deductions 99,712 Total SALT Deduction $1,317,994,000

Average SALT Deduction $13,218 District: 7 Meehan (R) SALT: 38.41% # of Total Tax Filers 485,571 # of SALT Deductions 186,492 Total SALT Deduction $2,323,003,500 Average SALT Deduction $12,456 District: 8 Fitzpatrick (R) SALT: 43.60% # of Total Tax Filers 411,344 # of SALT Deductions 179,334 Total SALT Deduction $2,347,502,000 Average SALT Deduction $13,090 District: 16 Smucker (R) SALT: 35.31% # of Total Tax Filers 264,732 # of SALT Deductions 93,488 Total SALT Deduction $1,065,165,000 Average SALT Deduction $11,394 Texas District: 24 Marchant (R) SALT: 26.39%

# of Total Tax Filers 514,728 # of SALT Deductions 135,832 Total SALT Deduction $1,090,096,000 Average SALT Deduction $8,025 Utah District: 4 Love (R) SALT: 35.51% # of Total Tax Filers 273,250 # of SALT Deductions 97,027 Total SALT Deduction $775,191,800 Average SALT Deduction $7,989 Virginia District: 10 Comstock (R) SALT: 49.05% # of Total Tax Filers 508,943 # of SALT Deductions 249,650 Total SALT Deduction $3,385,786,700 Average SALT Deduction $13,562 Washington District: 8 Reichert (R) SALT: 31.75% # of Total Tax Filers 424,760 # of SALT Deductions 134,883

Total SALT Deduction $1,057,498,600 Average SALT Deduction $7,840 Questions For more information, contact Jack Peterson, Associate Legislative Director, at jpeterson@naco.org or 202.661.8805.