Democrats hope to press the "affordability" issue in this year's midterm election season, but there's one potentially glaring problem for them, as illustrated by our friends at Unleash Prosperity...
[caption id="" align="alignleft" width="668"] Biden Versus Trump on Inflation[/caption]
If you live in tax hell — New York, Illinois, California, New Jersey or Connecticut — paying your state and local taxes could soon become even more painful. Congressional Republicans and President Trump have plans to lower federal tax rates for almost everyone and simplify tax rules. All good news. But there's a catch for residents of high-tax states.
For now, federal tax filers can deduct their state and local taxes when calculating what they owe the IRS — reducing the bite out of their wallets. But the House GOP tax reform eliminates those deductions to partly…