SALT-Cap Repeal Gains Momentum With House Bipartisan Caucus
- Nine Republicans join 21 Democrats on tax break campaign
- SALT cap issue emerging as key tension point for Pelosi
Rep. Tom Suozzi, a Democrat from New York.
Photographer: Stefani Reynolds/BloombergThis article is for subscribers only.
Democratic and Republican House members are forming a bipartisan group to push for a repeal of the $10,000 cap on state and local tax deductions, demonstrating a broadening campaign to restore a valuable tax break.
“We are trying to build a diverse group of people,” said Representative Tom Suozzi, a New York Democrat who is co-chair of the new Bipartisan SALT caucus. “SALT really affects a lot of different places in this country.”