The Republican tax plan has significant implications for Californians.
Eliminating the state and local income tax deduction hits hard here. CA is a high tax state. Capping the deduction on mortgage interest also disproportionately affects high cost housing states like ours.
Larry discusses these issues and more with economists Robert Kleinhenz and Jerry Nickelsburg.
Robert Kleinhenz, economist and executive director of research at Beacon Economics
Jerry Nickelsburg, director of the UCLA Anderson Forecast and professor of economics