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Tax Reform Will Include State and Local Tax Deduction

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Tax Reform Will Include State and Local Tax Deduction

House Ways and Means Chairman Kevin Brady (R-TX) announced that the Republican tax plan will include the state and local tax (SALT) deduction, a measure that will that will smooth the Republicans’ rollout of tax reform later this week.

The House barely passed the Senate budget resolution last week 216-212, featuring unanimous Democrat opposition and 20 Republican votes against the measure. Many Republicans voted against the budget measure due to the tax plan’s repeal of the state and local tax deduction; Brady decided to keep the SALT deduction to prevent another roadblock in tax reform.

Chairman Brady said in a statement, “At the urging of…

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