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Jack Carter on Tax Reform

 


Oppose the elimination of the sales tax deduction by the GOP

The 2006 tax reconciliation bill eliminates the sales tax deduction for residents of seven states, including Nevada. This deduction has proved immensely popular with Nevadans. They collectively have saved an estimated $130,000,000 a year, and now Ensign and his fellow Republicans have voted to eliminate this deduction. The sales tax deduction has provided significant federal income tax relief, especially to residents of the seven states in which there is no state income tax. The average Nevada family of four with a household income of $45,000 could claim a $700 exemption on their 2005 return. This bill means higher taxes for Nevadans, and that means less money in their pockets. With soaring prices on everything from gas to health care, it's ridiculous that Ensign voted to wipe out this tax relief. It's another example of him providing tax cuts for the wealthy, while increasing taxes for the little guy. He seems to be ignoring the financial struggle which is a part of everyday life for many Nevadans.
Source: Carter for Nevada campaign website May 21, 2006

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