KNTV NBC Bay Area News At 11AM December 13, 2017
From the 39. 6 to 37 . Now, one of the biggest questions, especially for californians, is the fate of the state and local Tax Deductions. Those allowed you to deduct what you pay in state and local taxes from your federal tax bill. Save ace lot of people money, but both bills eliminate those deductions but allow property Tax Deductions of up to 10,000 a year. Right now we dont know how that all was ironed out. California republicans largely backed the bill in the house but they came under pressure during the conference negotiations to push for an expansion of the state and local deduction in o...