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Sherrill introduces legislation to lift SALT cap

Renewed fight to bring back major tax break for residents

Aired 02/01/2023

NJ Spotlight News

Sherrill introduces legislation to lift SALT cap

Clip: 2/1/2023 | 1m 16sVideo has Closed Captions

Renewed fight to bring back major tax break for residents

U.S. Rep. Mikie Sherrill (D-11th) this week introduced bipartisan legislation to lift the $10,000 cap on state and local taxes from federal tax returns. The so-called SALT cap was signed into law by former President Donald Trump in 2017. It has mainly affected residents in New Jersey, which has the highest property taxes in the nation.

Aired 02/01/2023

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