Top Republican fundraiser in New York quits state party post over objections to GOP tax bill

Donald Trump.
(Image credit: Pool/Getty Images)

The New York Republican Party will need to find a new top fundraiser, as regional finance chairman Steve Louro quit his post Tuesday over issues he has with the Republican tax bill.

"The bill that's going to get passed is not going to take care of the American people," he told The New York Times. "It's a disgrace." New Yorkers would be hit hard by both the Senate and House versions of the tax bill, thanks to the elimination of state and local tax deductions and the reduction of the mortgage interest deduction. Rep. Peter King (R-N.Y.), who opposes the tax bill as it is now, told the Times he can see where Louro is coming from. "These are self-inflicted wounds," he said. "This bill is a Republican bill. We can't afford to be losing people like Steve Louro."

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.