A report from the federal government released this week shows the impact GOP tax reform will have on state and local tax, or SALT, deductions.
Critics say high-tax Democratic states like New York and Connecticut were hit hard by the new tax legislation, which capped SALT deductions at $10,000.
The report says if the limit had been in place in 2017, nearly 11 million Americans would have lost more than $320 billion in deductions.
U.S. Congressmen Tom Suozzi and Peter King from Long Island have co-sponsored bipartisan legislation to restore the SALT deductions.
