Democrats consider 'SALT' relief for state and local tax deductions
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Democrats consider 'SALT' relief for state and local tax deductions
Jun 24, 2021
NBC NewsSahil Kapur
State & Local Tax
State & Local Tax
Aug 25, 2022
bdo.com
The SALT cap, capping state and local tax deductions at $10,000, is increasing the federal tax burden for Northern Virginia homeowners. The typical homeowner here faces a higher tax bill due to the cap, adding $1,500 – $2,500 annually in extra taxes. This impacts affordability, mobility, and our region’s competitiveness. Watch to learn more! | NVAR - Northern Virginia Association of Realtors®
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We know the #SALT cap unfairly double-taxes states like NJ for investing in our communities and people, and having among the best schools in the nation. That’s wrong & that’s why I’m fighting to restore the full state & local tax deduction. It’s the right thing to do! | Senator Bob Menendez
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