Says fix should not raise taxes on middle-class
U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), New Jersey’s only member of the tax-writing House Ways and Means Committee, today commented on President Biden’s Build Back Better framework and the need for action on the state and local tax (SALT) deduction.
“Building Back Better demands tax fairness for middle-class Americans. And tax fairness demands restoration of the SALT deduction in line with President Biden’s promise not to raises taxes on the middle-class,” said Rep. Pascrell. “I have absolute trust in our Speaker and our Chairman and the assurances that SALT will be addressed in the final text. The current SALT cap is nothing less than double taxation. I look forward to finalizing the specifics on providing relief from the SALT deduction cap cruelly imposed by the Republicans in 2017.”
Original source can be found here.
