Politics

Suozzi fights for full reinstatement of SALT deduction

By Morgan C. Mullings Posted on
Suozzi
U.S. Rep. Tom Suozzi (D – Long Island, Queens).

U.S. Rep. Tom Suozzi (D-Long Island/Queens) reiterated on Sept. 27 that he won’t support President Biden’s massive $3.5 trillion tax-and-spend reconciliation package unless there is full reinstatement of the State and Local Tax (SALT) deduction.

SALT has been a particularly sticky detail ever since former President Donald Trump rolled back the SALT deduction that allows residents of heavily taxed blue states such as New York and California to deduct any state taxes over $10,000 from their federal taxes.

See the full article at amNewYork

Suozzi fights for full reinstatement of SALT deduction

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