Issue Position: State and Local Tax (SALT) Deductions

Issue Position

Date: Jan. 1, 2020
Issues: Taxes

Congressman Suozzi has been tasked by leadership to lead the fight to restore SALT deductions. In December of 2019, after months of hard work, Suozzi achieved a big victory when Congress passed his legislation to restore the SALT deductions. The legislation was passed with bipartisan support, but now must pass the Senate to bring tax relief to families across Long Island.

At Suozzi's urging, the Heroes Act, the latest COVID-19 stimulus package passed by the House, included the elimination of the cap on State and Local Tax (SALT) deductions.

As a member of the House Ways and Means Committee, the chief tax-writing committee in the House, Suozzi has been a leader in the fight to restore this crucial deduction. At the start of the new Congress and at his urging, a Congressional SALT Working Group was formed to explore the impact of limiting the SALT deduction and build consensus for a repeal of the limit. He also received the honor of chairing a Ways and Means Committee hearing specifically focused on the impacts of capping SALT on local communities.

The 2017 cap on the SALT deductions was a punch in the gut to hardworking families across Long Island as it placed an additional and unfair tax burden on working families across Long Island. Suozzi will not rest until fairness is restored for taxpayers on Long Island and across the country who were unfairly and cynically targeted by the Republicans in 2017.


Source
arrow_upward