Restore the SALT deduction in full
Congress is considering the repeal of the removal or a change of the federal cap that was placed on the tax deduction for state and local taxes (SALT) in 2017.
This capping of the SALT deduction has put unnecessary pressure on school district budgets. In the wake of federal tax liability increasing since the imposition of the cap, many taxpayers have looked for relief at the local level.
It is time to repeal the cap and restore the SALT deduction in full.