Soglin says new national tax code could hurt Madison
By Cailynn Hensen | Sep. 20, 2017When Congress rewrites the tax code, hundreds of thousands of Wisconsin residents could see higher taxes and lower home values, but Mayor Paul Soglin says cities could take the hardest hit. In a press conference Wednesday morning, Soglin discussed the effects of eliminating the state and local tax deduction, a possible move for Congressional Republicans as they vote on a proposal next week. The state and local tax deduction is claimed by taxpayers across the spectrum.