SALT

  • US NewsD’Esposito opposes Trump tax cuts without SALT deduction reinstatement

    D’Esposito opposes Trump tax cuts without SALT deduction reinstatement

    Freshman Representative Anthony D’Esposito has stated that he will oppose the renewal of the Trump tax cuts, set to expire at the end of 2025, unless Congress reinstates the state and local tax (SALT) deduction for Long Island homeowners facing heavy tax burdens. In 2017, then-President Donald Trump and the Republican-led Congress introduced a $10,000 cap on the SALT deduction,…