WASHINGTON – Congressman Mondaire Jones (D, NY-17), Friday, announced his support of the SALT Deductibility Act that would remove the $10,000 cap on the State and Local Tax (SALT) deduction that was imposed by former President Donald Trump.
“Donald Trump cut taxes for billionaires and big corporation and paid for it on the backs of hardworking families in Westchester and Rockland counties, where we pay the highest property taxes in the entire nation,” said Jones. “That must change. Restoring the SALT deduction is a necessary first step to creating an equitable tax system one where we put money back in the pockets of working people.”
The proposed legislation, introduced by Congressman Tom Suozzi (D, Long Island) and Senate Majority Leader Charles Schumer (D, NY), would allow New Yorkers to fully deduct their state and local taxes from their federal taxes.
