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HomeMy WebLinkAboutResolution - 1630 � 1 � RESOLUTION NO. 1630 91 A RESOLUTION OF THE CITY COUNCTTL OF THE CITY OF SAN JACINTO i CALIFORNIA, PETITIONING THE PRESIDENT AND CONGRESS TO RETATTTN 3 THE DEDUCTIBILITY OF STATE AND LOCAL TAXES IN ANY REVISION OF FEDERAL INCOME TAX LAW 111111 IS EPIACTED 4 11HEREAS, the President of the United States -as proposed a federal in- come tax reform plan to promote "fairness , simplicity and growth'; and 6 WHEREAS, the President's plan for tax reform would eliminate the deduc- tion For state and local taxes paid by individuals and 7 WHEREAS , the elimination of the deduction for state and local taxes woul $ be an unfair tax upon a tax and, therefore, would constitute double taxation; and (HEREAS, sedenzy-five years aao the simple concept of state and local to 10 i deductibility was built into the federal income tax law in explicit recogni- tion of the principle of federalism; and 11 WHEREAS, the Tenth finendment of the United States Constitution reserves 12 to the states and the people powers not expressly delegated to the federal I government; ano 13 _ J4HEREAS, the elimination of the deduction for state and local taxes wou 14 impose a disproportionate tax burden on middle-income taxpay=_rs; and 15 WHEREAS, the citiznes of the State of California would pay approximatel $3.6 billion in higher taxes under this provision of the President's propcsa 16 and 17 WHEREAS, the federal government in recent years has shifted major respo sibilities to state and local governments in the spirit of federalism; and 18 ' WHEREAS, the abolition of the deduction for state and local taxes will 191 seriously impair the 'ability of state and local governments to discharge the new responsibilities; 20 , NOW THEREFORE BE IT RESOLVED by the City Council of the City of San 21 ,lacinto memorialize the President and the Congress of the United States to retain the deductibility of state and local taxes in any revision of federa 22 income tax law which is enacted . and be it further 23 PES0LVED that copies of this resolution be transmitted to the Presiden to each Senator and our Representative of the 37tb. Congressional District. 24: MOVED PASSED and ADOPTED the 22nd day.of October 1Sa5. i ATTEST: 261, -� 27� 5e—yty�City Clerk 23�� CERTIFICATE 2.1� The foregoing is certified to be a true copy of a resolution duly adop 3011 by the said City Council of the City of San Jacinto on the date set forth 31 �the�ein. i j