SALT caucus rejects tax-writing panel's offer of $30,000 deduction cap [View all]
Source: The Hill
05/08/25 6:06 PM ET
Key New York House Republicans say they are rejecting a proposal from GOP leadership to raise the state and local tax (SALT) deduction cap to $30,000 in the party’s bill full of President Trump’s legislative priorities.
The House Ways and Means Committee, which oversees the tax portions of the GOP megabill, had been discussing increasing the SALT deduction cap from $10,000 to $30,000, two sources told The Hill, as the panel looks to resolve the key disagreement ahead of a planned preliminary vote next week. The panel met for hours behind closed doors Thursday. Leadership has not released any details about what they offered.
A quartet of Republican lawmakers in the SALT caucus — New York Reps. Elise Stefanik, Andrew Garbarino, Nick LaLota and Mike Lawler — said the $30,000 proposal was a nonstarter. “We’ve negotiated in good faith on SALT from the start—fighting for the taxpayers we represent in New York. Yet with no notice or agreement, the Speaker and the House Ways and Means Committee unilaterally proposed a flat $30,000 SALT cap—an amount they already knew would fall short of earning our support,” the group wrote in a statement.
“It’s not just insulting—it risks derailing President Trump’s One Big Beautiful Bill.” “New Yorkers already send far more to Washington than we get back—unlike many so-called ‘low-tax’ states that depend heavily on federal largesse. A higher SALT cap isn’t a luxury. It’s a matter of fairness,” the lawmakers added. “We reject this offer.”
Read more: https://thehill.com/homenews/house/5291274-moderate-republicans-salt-deduction-cap/
= new reply since forum marked as read