NY Congress Members Push SALT Cap Repeal

U.S. Reps. Tom Suozzi, D-Huntington and Jerrold Nadler, D-Manhattan, pulled together nearly all New York Democratic members of Congress to  push again Tuesday for the end to the cap on the deduction of state and local taxes.

The two wrote House Speaker Nancy Pelosi and Majority Leader Steny Hoyer  to say that they opposed any tax legislation that didn’t include repeal of the SALT limitation.

“The cap on the SALT deduction has been a body blow to New York and middle-class families throughout the country. Over the coming months we will work with House Leadership and the White House to highlight the middle-class families unfairly hurt by the SALT cap,” Suozzi said. “At the end of the day, we must fix this injustice. No SALT, no deal.”

Also signing the letter were  Reps. Jamaal Bowman, Mondaire Jones, Antonio Delgado, Hakeem Jeffries, Nydia Velázquez, Carolyn Maloney, Grace Meng, Gregory Meeks, Yvette Clarke, Paul Tonko, Brian Higgins, Adriano Espaillat,  Joseph Morelle, Sean Patrick Maloney, and Ritchie Torres.

“Repealing the SALT limitation is a question of fundamental fairness. With the SALT limitation in place, New Yorkers—who already send $40 billion more in taxes to federal coffers than the state receives in return—face the manifestly unfair risk of being taxed twice on the same income,” Nadler said.

 

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