Former President Trump is vowing to lift the $10,000 cap on state and local taxes that was implemented as part of his signature tax reforms law enacted in 2017.
Former President Trump suggested this week that if he returns to the White House he will do away with the $10,000 cap on deducting state and local taxes , which was implemented as part of his signature 2017 tax reforms. In a pitch to New York voters ahead of his Long Island rally on Wednesday, the Republican nominee wrote on his Truth Social platform that he would turn the state around, vowing to "get SALT back, lower your axes, and so much more.
Madison Ventures Plus managing director Mitch Roschelle told FOX Business' "Varney & Co." that bringing back the SALT deduction would help high-tax blue states like New York, New Jersey, Illinois and California "because people were fleeing those states... because of the lack of ability to deduct.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump's New York play: Bring back the SALT tax credit he gutted in 2017Ahead of a Long Island rally on Wednesday, former President Donald Trump vowed to bring back the SALT property tax deduction, which he helped cap when he was president.
Read more »
Trump, who signed SALT deduction cap into law, now vows to 'get SALT back'Donald Trump made the promise about state and local taxes in a Truth Social post attempting to court New York voters to back him in the presidential election.
Read more »
Donald Trump stopped in SLC for a 3-hour fundraiser. Gov. Cox and other prominent Republicans greeted him.Former President Donald Trump stops over at Salt Lake City International Airport for a campaign fundraiser.
Read more »
Former White House employee discusses 2nd assassination attempt of former Pres. TrumpIn addition to Utah voters, a former member of the White House Advance team is sharing his thoughts on the Florida assassination attempt against former Presiden
Read more »
Mike Pence, other former top Trump officials featured in Harris campaign ad slamming Trump as 'dangerous'A new advertisement from the Harris campaign slamming Trump as 'dangerous' will feature months-old comments from several former top Trump officials, including Donald Trump's former vice president Mike Pence and his former Defense Secretary Mark Esper.
Read more »
‘It’s terrifying’: Former Trump aide on Laura Loomer working in Trump’s White HouseThis is additional taxonomy that helps us with analytics
Read more »