GOP Tax Bill Victimizes California Wildfire and Other Disaster Survivors
If passed Tuesday, the
According to a
The
"It is outrageous for
"GOP Majority Leader
Areas burning now or burned recently are subject to flooding and mudslides when rain hits these vulnerable areas already devastated by fire. Losses suffered in the future won't be deductible, unless the president declares a federal disaster.
Californians are not alone in facing more frequent, more severe and more unpredictable catastrophic weather related disasters, including fires, floods and sea level rise. Uninsured damages can result from a lack of coverage, and even if the survivor has insurance, policyholder deductibles or insurance that reaches its maximum pay outs are common after every disaster. Many fire and other disaster survivors find themselves with large uninsured losses. The existing federal tax deduction provides relief for them.
In 2015, Americans deducted
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