US Senate Majority Leader Chuck Schumer criticized the House Freedom Caucus’s proposal to extend the cap on state and local tax (SALT) deductions indefinitely. Schumer argues that this proposal would benefit the wealthy at the expense of the middle class and exacerbate income inequality. He also condemned the tax cuts made by the Trump administration, which included the SALT cap, and expressed support for the SALT Deductibility Act, which would remove the cap.
Click the link below to read more about Senator Schumer’s views on the House Freedom Caucus’s proposal and the impact of the SALT cap on middle-class Americans. Learn about his advocacy for the SALT Deductibility Act and his criticism of the Trump administration’s tax cuts.
Washington, D.C. – Senate Democratic Leader Chuck Schumer (D-NY) today spoke on the Senate floor on the House Freedom Caucus' extreme proposal to …
Published by www.democrats.senate.gov
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