Sen. Shaheen: GOP Tax Plan Will Hurt NH Homeowners

CONCORD, N.H. (WBZ-AM) -- New Hampshire Sen. Jeanne Shaheen discussed her thoughts the GOP tax plan with WBZ NewsRadio 1030's Ben Parker Wednesday.

Sen. Shaheen said she'd like to see bipartisan tax reform that reduces disparities between middle- and high-income Americans and lowers corporate tax rates--but she said this bill doesn't do that.

"Unfortunately, what this tax bill does is make the disparities for middle-income Americans greater, and while it lowers the corporate tax rate, it does it in a way that makes those tax cuts permanent, and yet makes the tax cuts for individuals temporary," she said. "For those people making $75,000 or less, they will actually see their taxes go up by the mid-20s."

She said the tax bill would affect New Hampshire homeowners.

"We have among the highest property taxes in the country, so we will be adversely affected by the elimination of the ability to deduct property taxes from peoples' tax rates," she said. "What [realtors are] telling me is that people in New Hampshire are actually going to see their property values go down as a result of this tax plan."

Shaheen said she hopes the looming government shutdown won't happen, and stressed the need for a bipartisan agreement.

"I remain hopeful that we're going to come to an agreement that makes sense," she said. "We have millions of businesses throughout this country, people in the military, people who depend on government contracts who would be adversely affected if government shut down."

The senator also discussed the "Pocahontas" comments against Sen. Elizabeth Warren that President Trump made while honoring Navajo WWII veterans at the White House Tuesday.

"You know, it's just so unfortunate that, instead of honoring those heroes from World War Two who made such a difference in helping us win the war, that he diverted attention in a derogatory way against Senator Warren and against Native Americans," she said.

WBZ NewsRadio 1030's Ben Parker reports

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