Tag Archive: Republican tax plan

Nov 09

Nearly 250,000 education jobs at risk if Congress eliminates state and local tax deduction

As part of its $5 trillion tax plan giveaway to the wealthiest and corporations, the U.S. House Republican leadership bill eliminates most of the state and local tax deduction (SALT). Its elimination could blow a hole in state and local revenue to support public education and put nearly 250,000 education jobs at risk, according to a detailed analysis by the National Education Association. In Wisconsin, that would put 4,680 educator jobs in jeopardy and risk the loss of $4.6 million in support of public elementary and secondary schools over the next 10 years.