- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedJanuary 3rd, 2019
- house Committees
The state and local tax (SALT) deduction is a major source of tax relief for residents of high-tax states, such as New York. The SALT deduction cap hurts the middle class, and should be reversed 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 the majority of middle-class families — most of whom don’t itemize their tax returns. Eliminating the SALT deduction cap increases the deficit to help the rich.