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Suozzi And Schumer Make Renewed Pitch To Reinstate SALT Deduction

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Sen. Chuck Schumer (left) and Rep. Tom Suozzi (right)
Credit: Rep. Tom Suozzi's Office

New York’s Democratic congressional delegation wants to restore state and local property tax deductions, known as SALT, through the next round of federal coronavirus assistance.

In May, House Democrats and just one Republican — Long Island Congressman Peter King — passed the HEROES Act that included temporarily eliminating the $10,000 SALT cap on federal tax deductions.

Congressman Tom Suozzi says Long Island homeowners need access to this money now amid the pandemic.

Read this full story from WSHU: https://www.wshu.org/post/suozzi-and-schumer-make-renewed-pitch-reinstate-salt-deduction#stream/0