- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedMarch 14th, 2019
- house Committees
The state and local tax (SALT) deduction is an important source of tax relief for residents of high-tax states, such as Illinois. The SALT deduction cap hurts the middle class in high-tax states, and should be restored to ensure that families living in high-tax states aren’t punished for where they live.
The SALT deduction primarily benefits those who are upper middle class or better and isn’t a major factor for real middle class families, most of whom don’t itemize their tax returns (and therefore can’t claim the SALT deduction). Eliminating the SALT deduction cap increases the deficit to help the rich.