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New York Politician Advocates for Increased SALT Cap to Alleviate Tax Burden for Residents

New York Politician Advocates for Increased SALT Cap to Alleviate Tax Burden for Residents
5 months ago

In a significant move aimed at addressing financial concerns for taxpayers in New York, Congressman Mike Lawler has voiced strong support for raising the state and local tax (SALT) deduction cap. This cap, which was limited to $10,000 by the Tax Cuts and Jobs Act enacted in 2017, has become a contentious issue for many residents burdened by high state and local taxes.

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