Stop the Attack on Local Taxpayers (SALT) Act Introduced with Rep. Rouda as Original Cosponsor
For Immediate Release
Contact: Zach Helder
Washington, DC – This morning, Representative Harley Rouda (CA-48) joined 27 of his colleagues as original cosponsors of the bipartisan Stop the Attack on Local Taxpayers (SALT) Act, introduced by Congressman Bill Pascrell, Jr. (D-N.J.-09).
Said Rouda, “The people of Orange County should not be taxed twice on the same dollar. Last year’s tax bill gave enormous tax giveaways to the largest corporations and very wealthiest households, and paid for it with unfair tax burdens on California’s working families. The SALT Act is the product of Democrats and Republicans putting our heads together to make a fairer tax code for middle class families in our states, and I’ll be pushing for its swift passage.”
The bill will repeal the federal cap on state and local (SALT) deductions pursuant from the Trump Tax Law of 2017, which resulted in the double-taxing of millions of middle-class Americans. Middle-class Californians are likely to pay steep prices this tax-season. According to California Tax Board Franchise estimates, 751,000 California households with incomes under $250,000 will probably owe a combined $1.1 billion.