[Congressional Record Volume 169, Number 38 (Tuesday, February 28, 2023)]
[House]
[Page H954]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]





                    SALT DEDUCTION MUST BE INCREASED

  (Mr. SANTOS asked and was given permission to address the House for 1 
minute.)
  Mr. SANTOS. Mr. Speaker, today, I rise to introduce my bill, the SALT 
Relief Act.
  My bill will increase the State and local taxes cap deduction from 
$10,000 to $50,000. Increasing the SALT deduction is a step in the 
right direction to lessen the burden of combined Federal, State, and 
local taxes during these times of economic hardship.
  New York has one of the highest tax rates in the country, ranking 
above--including Federal, State, and local taxes.
  In 2018, for Nassau County, the average SALT amount--property tax, 
income, or sales tax liability--reported among itemizing filers was 
$30,227.21, but due to the $10,000 cap, the average SALT deduction 
actually claimed was $9,023.79.
  Let it be known that the SALT tax is not a tax break for the wealthy 
but a tax relief for working-class families. This is about the 118th 
Congress working to ease the affordability burden in high-tax States 
like New York.
  The cost of living continues to plague New Yorkers. Raising the cap 
on SALT will provide real tax relief, not just to New York's Third 
Congressional District but to all in America.

                          ____________________