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SALT cap surfaces as a top flashpoint, with members divided on who pays

2239104 · January 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Members from high-tax states urged restoring or raising the $10,000 state-and-local tax (SALT) deduction cap, while lawmakers from low-tax states warned such relief would subsidize higher-spending states. The hearing featured competing fairness and fiscal arguments.

Multiple members used the Ways and Means member day to press for reversing the SALT cap imposed by the 2017 tax law. Representative Gillen (NY), Representative Lalgogho (Long Island/NY), Representative Kiley (CA), Representative Lawler (NY) and others described SALT as “double taxation” that disproportionately hits homeowners in high-property-tax jurisdictions.

Representative Gillen said restoring the full SALT deduction would return fairness to taxpayers who face…

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