Manley: Federal Tax Plan is Wrong for Illinois Families

JOLIET, Ill. – State Rep. Natalie Manley, D-Joliet, is urging members of the Illinois congressional delegation to vote against a tax reform plan being proposed on the federal level that would hurt middle-class families across the state through the elimination of the state and local tax (SALT) deduction.

“As a certified public accountant, I see every year how much the SALT deduction helps families,” Manley said. “This deduction reduces how much money they owe the federal government based on taxes they pay to state and local governments. For middle-class families who are providing for their children, assisting aging parents, paying their mortgage and other bills, this deduction can make a big difference to them and should not be eliminated.”

Washington insiders are pushing to repeal a critical tax credit for middle-class families in order to pay for tax cuts for big corporations and the ultra-wealthy. This deduction allows families to deduct the amount they pay in state and local taxes, including property taxes, from their federal income tax. Manley supported House Resolution 672, which asks the Illinois congressional delegation to oppose efforts to repeal this important tax deduction that is used by nearly 2 million residents in the state.

“We don’t just need better tax policy, we need smarter tax policy,” Manley said. “Millionaires, billionaires and large corporations already have money saved that they are never planning on spending in our local communities. The same can’t be said for middle class families, which use their tax rebate to go on vacation, make improvements around their homes and more. Politicians need to be looking out for what is in the best interest of the people they serve, not wealthy Washington insiders.”