SALT Deduction

Rep. Nick LaLota (R-NY-01) has announced a five-member coalition that pledges to block any federal deal on a tax bill unless it increases the cap on state and local tax deductions, or SALT.

This week, Democratic freshman U.S. Rep. Laura Gillen (NY-4) made her debut speech on the U.S. House of Representatives floor, outlining key priorities for her term.

U.S. Rep. Rosa DeLauro (D-CT) voted against a bipartisan tax package to expand a temporary child tax credit for low-income families because it would also boost three corporate tax breaks. Rep. Nick LaLota (R-NY) from Long Island also rejected the bill because it did not include a SALT provision.

Lawmakers on Long Island have introduced a bill to remove the $10,000 limit on state and local tax deductions, known as the SALT cap.

Four Democratic-led states argued the cap on state and local tax deductions was unconstitutional, saying it was political retribution under the former Trump administration.

The U.S. House voted to raise the SALT cap.

Long Island Congressman Tom Suozzi and other Democrats said they won't support President Biden’s budget package without repealing a cap on state and local…

New York Governor Andrew Cuomo wants federal lawmakers to repeal a Trump-era rule that capped state and local tax deductions, known as SALT.Cuomo said the…

Negotiations over President Joe Biden’s infrastructure agreement with Congress are met with demands to eliminate a $10,000 cap on state and local…

Long Island Democratic Congressman Tom Suozzi has joined a caucus of representatives who say they will not support President Joe Biden’s infrastructure…