Bloomberg Tax
Free Newsletter Sign Up
Bloomberg Tax
Free Newsletter Sign Up

Democrats Plan ‘Meaningful’ Relief to Cap on SALT Deduction

Sept. 13, 2021, 3:45 PM

House Democrats say they are working toward providing relief for the deduction limit on state and local taxes.

  • “We are committed to enacting a law that will include meaningful SALT relief that is so essential to our middle-class communities, and we are working daily toward that goal,” House Ways and Means Chairman Richard Neal, Oversight Subcommittee Chairman Bill Pascrell, and Rep. Tom Suozzi say in statement

To contact the reporter on this story:
Megan Howard in Washington at

To contact the editor responsible for this story:
Kasia Klimasinska at

© 2021 Bloomberg L.P. All rights reserved. Used with ...

To read the full article log in.

Learn more about a Bloomberg Tax subscription.