Congress passes tax breaks for 2017 hurricane victims, but leaves Louisianans waiting
Residents across the U.S. Gulf Coast and Caribbean territories hit by Hurricanes Harvey, Irma and Maria this year will get a handful of special disaster tax breaks under a bill passed by Congress and signed by President Donald Trump late last week.
But people in Louisiana with property swamped by devastating floods in 2016 won't be getting the same deal, despite prior efforts by the state's congressional delegation to push for similar relief.
The disaster tax relief provisions, tacked onto a six-month extension of the Federal Aviation Administration's authority to operate and spend money by lawmakers, will make it easier for hurricane victims to write off lost property and income on their taxes.
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