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Ahead of Senate tax bill vote, we look at the proposal’s impact on CA

Dec 1, 2017

Senate Republicans Hold News Conference On Importance Of Tax Reform

Senate Majority Leader Mitch McConnell (R-KY) talks with reporters after leaving a tax reform news conference in the Dirksen Senate Office Building on Capitol Hill November 30, 2017 in Washington, DC.; Credit: Chip Somodevilla/Getty Images

AirTalk®

There’s been a lot of criticism in California over the GOP tax bill.

Los Angeles City Controller Ron Galperin criticized the plan, writing that millions of Angelenos would see a negative economic impact, especially in the form of state and local tax deductions, affordable housing and home ownership.

The bill could be passed as early as Friday. Larry speaks to dueling economists to find out more on how the plan could impact California.

Guests:

Alan Auerbach, professor of economics and law and director of the Center for Tax Policy and Public Finance at UC Berkeley

Wayne Winegarden, senior fellow of business and economics at Pacific Research Institute; a free-market think-tank

This content is from Southern California Public Radio. View the original story at SCPR.org.

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