SALT Deduction

U.S. Rep. Tom Suozzi, D-N.Y.
John Minchillo / Associated Press

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 tax deductions.

N.Y. Gov. Andrew Cuomo; President Donald Trump
Seth Wenig, Cuomo; Pablo Martinez Monsivais, Trump / AP

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

U.S. Rep. Tom Suozzi, D-N.Y.
Alex Brandon / AP

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

Long Island Congressman Tom Suozzi
Frank Eltman / AP

Long Island Democratic Congressman Tom Suozzi has joined a caucus of representatives who say they will not support President Joe Biden’s infrastructure plan if it fails to restore state and local tax deductions.

New York Democratic Congressman Tom Suozzi
AP Photo/Alex Brandon

New York Democratic Congressman Tom Suozzi said he will resubmit legislation in January under the new Biden administration to repeal a $10,000 cap on state and local tax deductions on federal tax returns, known as SALT.

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