But taxpayers in States with no income tax will not be allowed to deduct their sales taxes from Federal income tax if we don't make a change. And we are talking about Representative Conaway's great State of Texas, a highly populated State. We are talking about the great State of Florida. We are talking about Tennessee and other States. And this is significant, because citizens in those States pay no income tax, no State income tax, but pay huge sales tax to fund their State government, and that will go away if we don't do something about it.
Phil Gingrey: “But taxpayers in States with no income tax will not be allowed to deduct their sales taxes from Federal income tax if we…”
Editor's note · Context
Discussing the implications of tax policy for states with no income tax.
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