Candidate Stephanie Bosley criticizes the Trump Tax Reform Plan
For Immediate Release
September 28, 2017
Contact: Stephanie Bosley
Today, Stephanie Bosley, candidate for State Representative for the First Berkshire District criticized key provisions of the just released Trump Tax Reform Plan and called on Massachusetts federal legislators to weigh in on its provisions.
Particularly, Bosley criticized the provisions to eliminate state and local taxes. “In order to offset the loss of revenue from reducing corporate taxes from 35% to 20% and from elimination of the Alternative Minimum Tax provisions, which are paid almost exclusively by the richer tax filers, the President and the U.S. Senate are proposing to eliminate state and local tax deductions. Part of those are property taxes,” remarked Bosley. “While this is not an issue before the State Legislature, it is one that will have a tremendous impact on state and local finances as well as the State Budget and that means we need to weigh in with our federal counterparts. Moreover, getting rid of the property tax deductions will make it harder to realize the dream of owning a house. It will make it tougher to get a mortgage and that is counter to what we should be doing in government. These are tax provisions that hit middle income filers disproportionately.”
Bosley said that she has issued positions on housing during the campaign that have demonstrated her concern for affordable housing and the need for programs that improve accessibility to housing for the residents of the First Berkshire District.
“My work in the Town of Adams working in the Housing Rehabilitation Program gave me insight into the problems that people face in being able to afford good local housing and maintain their homes. On a more personal note, as a young resident with college loans from my Master’s program, I understand how difficult it is for people, especially young people with student debt to find and purchase a home. We need to make this simpler and not more difficult by taking away an important deduction on our taxes.”
Bosley pledged to weigh in with Federal officials on this issue and urged others to do the same.