A group of seven Democratic governors are contributing to the calls within the party urging President Biden to lift the cap of the Trump era. deductions on state and local taxes (SALT).
In sent a letter to the White House on Friday, the governors, including New York’s Andrew Cuomo
Andrew Cuomo memorandum from NYPD tells officials not to stop New Yorkers in public from smoking marijuana. Will vaccine passports be the biggest campaign issue of 2022? Negotiations over Cuomo book deals overlap with concealment of death toll in nursing homes: reports MORE, California’s Gavin Newsom
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“We must go further and undo the limit placed on the deductions on state and local taxes (SALT) by the Trump administration through the Tax Reductions and Jobs Act in 2017,” the governors argued.
The rule, adopted by former President Trump
Donald Trump White House says bills are twofold, even if GOP does not vote for them. Gaetz boasted about ‘access’ to women by Florida taxpayer accused in federal case: reports Trump calls for MLB boycott for moving the All-Star Game MORE to help reimburse some of its tax cuts, limit SALT deductions to $ 10,000. Legislators from high-tax countries, Democratic backers, have long blown the hood and forced it to turn around.
The governors argued on Friday: ‘For the first time since Abraham Lincoln created the federal income tax, the ceiling on SALT deductions introduced a double taxation system, where 11 million Americans were forced to pay taxes on the amount they paid. in the local, local government paid. , and property taxes, for $ 670 billion over a decade. ”
“Like so many of President Trump’s efforts, limiting SALT deductions was based on politics, not on logic or good governance,” they claim. “This assault has excessively targeted democratic states, raising taxes on hard-working families.”
“This was then unacceptable and is simply untenable given the dire economic conditions caused by the pandemic,” the governors added.
The Democrats said the government of Biden and members of Congress ‘continue these efforts to alleviate this enormous financial burden on our people, although it’ was gratifying to hear Finance Minister Yellen agree to Congress. work together to alleviate the $ 10,000 sum on SALT ‘. and turn off the SALT hood completely. ”
The joint letter was also signed by Govs. Ned Lamont (Conn.), JB Pritzker (Ill.), Kate Brown
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A growing number of Democrats intend to put pressure on Biden to lift the limit on SALT deductions, including members of the House who threatened to withhold support Biden’s $ 3 billion infrastructure proposal if the limit is not removed.
Democratic Representatives Thomas Suozzi (NY), Bill Pascrell
William (Bill) James Pascrell The founder of Daily Poster discusses Dems’ conservative strategies to influence Biden Pelosi ‘hopefully’. Democrats can reform the SALT tax in Biden’s infrastructure bill. (NJ) en Josh Gottheimer
Joshua (Josh) GottheimerDigital Poster founder discusses Dems’ conservative strategies to influence Biden Pelosi ‘hopefully’. Democrats can reform the SALT tax in Biden’s infrastructure bill. (NJ) has issued a joint statement pledging to oppose attempts to change the tax code unless the SALT deduction is restored.
Home speaker Nancy Pelosi
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Pelosi said in a press release: “Hopefully we can get it in the bill. I never give up on something like that. [that] means so much to the American people. ‘