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U.S. House Democrats seek to end cap on state, local tax deduction

September 13, 2021 by David Barret Leave a Comment

September 13, 2021

WASHINGTON (Reuters) – Democrats in the U.S. House of Representatives on Monday said they were continuing to work on legislation that would “undo” a cap on state and local tax deductions imposed by Republicans’ 2017 tax reform law.

“We are committed to enacting a law that will include meaningful SALT relief that is so essential to our middle-class communities,” House Ways and Means Committee Chairman Richard Neal said in a statement.

(Reporting by Richard Cowan)

Source Link U.S. House Democrats seek to end cap on state, local tax deduction

David Barret
David Barret

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