New bill seeks to restore federal SALT deductions capped under 2017 tax act

[Taylor]

New bill seeks to restore federal SALT deductions capped under 2017 tax act

Blue-state Democrats have been fighting since 2017 to repeal a key provision of President Trump’s tax plan that penalized high-cost California filers.

www.mercurynews.com

Democrats continue to push hard for tax cuts for the rich. They're not even trying to hide it inside a mammoth bill like BBB anymore. They say all politics is local. That's the only way this makes sense, because it sure doesn't help their national image.

 

[Eclipze]

I’m part of the middle class, live in the Midwest, and was negatively affected by the salt tax deduction cap. The notion that this only affected the rich in NY/CA is laughable at best

 

[BlueTex]

New bill seeks to restore federal SALT deductions capped under 2017 tax act

Blue-state Democrats have been fighting since 2017 to repeal a key provision of President Trump’s tax plan that penalized high-cost California filers.

www.mercurynews.com

Democrats continue to push hard for tax cuts for the rich. They're not even trying to hide it inside a mammoth bill like BBB anymore. They say all politics is local. That's the only way this makes sense, because it sure doesn't help their national image.

Didn't Trump's tax cuts for the middle class just expire? The Trump tax cuts for the rich are permanent...

 

[NuffSaid]

Didn't Trump's tax cuts for the middle class just expire? The Trump tax cuts for the rich are permanent...

Still waiting for that trickle down….

 

[RAMOSS]

Didn't Trump's tax cuts for the middle class just expire? The Trump tax cuts for the rich are permanent...

It expired in 2021. They timed it long enough to it would be during the election, but not after

 

[Mycroft]

New bill seeks to restore federal SALT deductions capped under 2017 tax act

Blue-state Democrats have been fighting since 2017 to repeal a key provision of President Trump’s tax plan that penalized high-cost California filers.

www.mercurynews.com

Democrats continue to push hard for tax cuts for the rich. They're not even trying to hide it inside a mammoth bill like BBB anymore. They say all politics is local. That's the only way this makes sense, because it sure doesn't help their national image.

They are running out of time and they...and their rich voters...know it.