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S.C.V. History
January 19
1967 - Original airing of Star Trek "Arena" Episode: Kirk battles the Gorn commander (Saugus resident Bobby Clark) at Vasquez Rocks [watch]
Kirk vs. Gorn commander


Senator Dianne Feinstein (D-Calif.) today released the following statement after Senate Republicans passed a tax cut bill Tuesday that will raise taxes on more than half of American families:

“Republicans just gave corporations and the richest Americans an early Christmas present at the expense of middle-class families.

“Just days before a potential government shutdown, Republicans have rushed through a tax cut bill written in secret that adds more than $1 trillion to the deficit in order to give the top 1 percent a big tax cut. That’s unconscionable.

“Republicans will now turn around and claim we don’t have enough money for domestic programs like Medicare and Social Security. The middle class can’t afford to lose these vital programs.

“Even more appalling, Republicans made the huge tax cut for corporations permanent while the few savings given to the middle class disappear over time. Talk about misplaced priorities.

“Californians will be hit especially hard by the cap on the state and local tax deduction, making it more difficult for communities to pay for services that our families rely on.

“It’s no wonder a bill that primarily benefits the wealthy is so unpopular with the American people. They understand this isn’t middle-class tax reform, it’s a middle-class tax hike.”

Favors the Rich Over the Middle Class
The Republican tax bill shifts the tax burden onto the middle class, raising taxes on more than half of American families by 2027. Meanwhile, it lowers the top rate from 39.6 percent to 37 percent for the richest individuals. By 2027, more than 80 percent of the plan’s benefits will go to the top 1 percent.

Windfall for Corporations
The Republican tax bill permanently slashes the corporate tax rate from 35 percent to 21 percent, while the lower rates for individuals will expire in 2026. It also repeals the corporate Alternative Minimum Tax, allowing companies to drive their effective tax rate down further.

Limits the State and Local Tax Deduction
The bill significantly weakens the deduction for state and local taxes, or SALT, paid by individuals. This provision in our tax code has prevented the double taxation of income since 1913. The bill caps the deduction for state and local taxes at $10,000.

In 2015, more than 6 million California households claimed the SALT deduction with an average deduction of $18,400. In 33 California counties, the average SALT deduction in 2015 was more than $10,000.

Limits the Mortgage Interest Deduction
The Republican tax bill caps the mortgage interest deduction at $750,000 for new mortgages. In California, seven counties have average home prices that are more than $750,000: Alameda, Marin, Orange, San Francisco, San Mateo, Santa Clara and Santa Cruz counties.

Increases the Deficit
According to the latest Joint Committee on Taxation analysis, the Republican plan will increase the deficit by nearly $1.5 trillion. Estimates of previous versions of this bill have shown it would not generate nearly enough growth to pay for the lost revenue.

Threatens Medicare, Medicaid and Social Security
The increased deficit could automatically trigger across-the-board cuts to important social safety net programs, including $25 billion in Medicare cuts. The increased deficit could also be used as an excuse by Republicans to enact future cuts to Medicare, Medicaid, Social Security and other domestic programs to pay for the lost revenue.

Hurts California Wildfire Victims
The Republican tax bill limits the deduction for losses suffered during a disaster to only federally declared disasters. Since most wildfires do not receive a federal declaration, this bill could make it harder for victims of future wildfires to recover.

Attacks the Affordable Care Act
The bill repeals the individual mandate, which would increase health care premiums by more than 10 percent in the individual market and leave 13 million more Americans without health insurance.

Threatens the Alaskan Wilderness
The Republican tax bill opens up an untouched region of the Arctic National Wildlife Refuge for oil and natural gas drilling. The Arctic region has already been destabilized by climate change and this provision only increases our dependence on greenhouse gases. It also creates the potential for a catastrophic oil spill that would devastate a pristine area of the Alaskan wilderness.

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1 Comment

  1. Mike says:

    Dianne, you and the rest of our ca. dems…are idiots if you think we all believe this non sense…
    What would life be like if we could put public employees in jail for outright lying????

Leave a Comment


SCV NewsBreak
LOCAL NEWS HEADLINES
Tuesday, Jan 18, 2022
Santa Clarita 2022 Cowboy Festival Cancelled
Due to L.A. County Department of Public Health restrictions and the recent surge in COVID-19 cases, the city of Santa Clarita "regretfully" is announcing the cancellation of the 2022 Santa Clarita Cowboy Festival, reported Santa Clarita PIO Carrie Lujan in a statement released to the press.
Monday, Jan 17, 2022
Judge Advances Environmental Suit Against Massive Centennial Project
LOS ANGELES (CN) — A lawsuit by two environmental groups to stop the enormous and controversial Tejon Ranch Centennial Project can continue, a Los Angeles County judge ruled Friday, despite a recent settlement in a related case.
Monday, Jan 17, 2022
Monday COVID Roundup: Henry Mayo Reports 201st Death
Henry Mayo Newhall Hospital reported Monday an additional death from COVID-19, bringing the total number to 201 since the onset of the pandemic, spokesman Patrick Moody confirmed.
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Latest Additions to SCVNews.com
1967 - Original airing of Star Trek "Arena" Episode: Kirk battles the Gorn commander (Saugus resident Bobby Clark) at Vasquez Rocks [watch]
Kirk vs. Gorn commander
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Tuesday Covid Roundup: Omicron Continues to Surge as ICU Admissions Rise in LA County
Los Angeles County Department of Parks and Recreation is hiring. This summer, the department aims to hire over 250 new lifeguards to work at 30 aquatic facilities, all across L.A. County.
LA County Department of Parks, Recreation Seeks to Hire Over 250 Lifeguards
Due to L.A. County Department of Public Health restrictions and the recent surge in COVID-19 cases, the city of Santa Clarita "regretfully" is announcing the cancellation of the 2022 Santa Clarita Cowboy Festival, reported Santa Clarita PIO Carrie Lujan in a statement released to the press.
Santa Clarita 2022 Cowboy Festival Cancelled
With COVID-19 cases in Los Angeles County at high levels, the Los Angeles County Department of Consumer and Business Affairs (DCBA) will temporarily pause in-person services starting Tuesday, Jan. 18.
LA County DCBA Temporarily Pausing In-Person Services
Put your knowledge to the test with Winter Games Trivia on the second day of Winter Olympic Games Beijing 2022.
Feb. 3 Winter Games Trivia Contest at The Cube
The Santa Clarita Community College District’s Independent Citizens Bond Oversight Committee voted to accept the results of an independent audit confirming the district properly accounted for all bond expenditures in the 2020-21 fiscal year.
COC Citizens Oversight Committee Affirms Audits of College Bond Spending
Fred Gruchalla, a veteran of the Vietnam War, received the 2020-2021 Veteran of the Year Award from the Van Nuys/Reseda Elks Lodge 2790 on Jan. 10.
Fred Gruchalla, Veterans’ Advocate, Named Veteran of the Year
The Zonta Club of Santa Clarita Valley is now accepting applications for the annual Virginia Wrage Memorial Fund Scholarship. Deadline is March 30, 2022.
Zonta SCV Accepting Applications for Wrage Scholarship
A 7,383 square foot freestanding office building located at 28015 Smyth Drive in Valencia recently sold for $2,675,000.00 announced Executive Vice President Randy Cude and Vice President Matt Sreden of Spectrum Commercial Real Estate, Inc.
Smyth Drive Office Building in Highridge Business Park Sells for Over $2.6M
1899 - Martin & Richard Wood buy J.H. Tolfree's Saugus Eating House, rename it Saugus Cafe [story]
Saugus Cafe
Impulse Music Co., which is located at 21515 Soledad Canyon Road, Suite #120, is hosting an Open Mic Night free to all ages, on Wednesday, Feb. 2, from 6:00 p.m. - 7:00 p.m.
Impulse Music Hosting Open Mic Night
The Santa Clarita Community College District's Board of Trustees will hold a virtual business meeting and public hearing via Zoom Wednesday, Jan. 19, at 5:00 p.m.
Jan. 19: COC Board of Trustees Business Meeting
The William S. Hart Union High School District's Governing Board will hold its regular meeting Wednesday, Jan. 19, beginning with a closed session at 5:45 p.m., followed immediately by open session at 7:00 p.m.
Jan. 19: Hart School District’s Regular Meeting
Whether you’ve just finished an ice skating lesson, are watching a youth hockey game or want to take a break during a public session, The Grille at The Cube is the perfect place to unwind with a delicious meal or snack.
SCV’s Newest Dining Spot Opens at The Cube
The city of Santa Clarita's Planning Commission will hold its regular meeting Tuesday, Jan. 18, at 6:00 p.m.
Jan. 18: Planning Commission Regular Meeting
LOS ANGELES (CN) — A lawsuit by two environmental groups to stop the enormous and controversial Tejon Ranch Centennial Project can continue, a Los Angeles County judge ruled Friday, despite a recent settlement in a related case.
Judge Advances Environmental Suit Against Massive Centennial Project
Henry Mayo Newhall Hospital reported Monday an additional death from COVID-19, bringing the total number to 201 since the onset of the pandemic, spokesman Patrick Moody confirmed.
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1994, 4:31 a.m. - Magnitude 6.7 Northridge earthquake rocks Santa Clarita Valley [video]
collapsed freeway bridge
1926 - Newhall Community Hospital, est. 1922, opens in larger, more modern hospital building at 6th & Spruce streets [story]
Newhall Community Hospital
1875 - Henry Mayo Newhall buys western half of the Santa Clarita Valley for $2 an acre [story]
Henry M. Newhall
College of the Canyons returned to the court for the first time in three weeks on Wednesday, suffering an 81-73 road loss at the hands of Glendale College in a contest that officially started Western State Conference (WSC), South Division play for the Cougars Men's Basketball team.
COC Men’s Basketball Suffers 81-73 Road Loss to Glendale in WSC, South Opener
The No. 6 College of the Canyons Cougars women's basketball team dropped a 65-61 road game to L.A. Valley College on Wednesday, as the team could only muster five points in the fourth quarter to lose its Western State Conference, South Division opener.
No. 6 COC Cougar Women Falter 65-61 at LAVC
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