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Governors call for end to $10,000 SALT cap

Democratic governors across the U.S. called on President Joe Biden to lift the $10,000 cap on state and local tax deductions, otherwise known as SALT.

They argued that it was an assault on Democratic-run states and increased the overall tax burden on families.

The governors of Connecticut, New Jersey, California, Hawaii, Illinois, New York and Oregon spelled out in a two-page letter how their constituents are paying billions of dollars annually in additional taxes to the federal government, according to the AP.

“This assault disproportionately targeted Democratic-run states, increasing taxes on hardworking families,” the letter reads. “This was unacceptable then, and is simply untenable given the dire economic conditions caused by the pandemic.”

It’s unclear what action President Biden might take on this matter.

Categories: NewsPolitics