| |
Pledging Archive
Our current tax code permits a deduction for real estate taxes - also known as a property tax. In 2017, the Trump administration passed a $1.9 trillion tax reduction bill, 86% of which benefitted corporations and the wealthy. This legislation capped federal deductions for state and local real estate and income taxes (SALT) at $10,000 a year and also eliminated some mortgage interest deductions. Advocates say this adversely affected homeowners in high cost-of-living areas where property taxes are much higher than other geographical regions.
Pending Legislation: H.R.2555 - SALT Deductibility Act Prospective
Sponsor: Rep. Andrew Garbarino (NY)
Status: House Committee on Ways and Means
Chairperson: Rep. Jason Smith (MO)
|
- I oppose reforming current property tax deduction policy and wish to donate resources to the campaign committee of Speaker Kevin McCarthy (CA).
- I support securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act by repealing the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes, and wish to donate resources to the campaign committee of Rep. Jason Smith (MO) and/or to an advocate group currently working with this issue.
|
|
| Winning Option
»» No issues were voted |
-
I support securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act by repealing the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes, and wish to donate resources to the campaign committee of Rep. Jason Smith (MO) and/or to an advocate group currently working with this issue.
|
| Number of Letters Pledged |
| Number of Monetary Pledges |
| Number of Trustee Suggestions |
| Top 30 Keywords From Trustee Suggestions |
| Poll Opening Date |
August 07, 2023 |
| Poll Closing Date |
August 13, 2023 |
|
|
