Press Releases
Rep. Porter Reintroduces Legislation to Lower Taxes for Middle-Class CaliforniansCongresswoman’s SALT Act funds Medicare vision and hearing while restoring tax fairness for families
Washington,
March 2, 2023
Congresswoman Katie Porter (D-CA) has reintroduced the Supporting Americans with Lower Taxes (SALT) Act to revise the state and local tax deduction to raise revenue while reducing the tax burden on Californian families. Her bill eliminates the Trump-era cap for Americans making less than $400,000 a year to provide relief for people living in high cost-of-living areas. “Middle-class Californians are already feeling the squeeze; it makes no sense to tax them on money they don’t have,” said Rep. Porter, a Vice Chair of the SALT Caucus. “My bill restores tax fairness for Americans who have experienced the burden of double taxation due to President Trump’s special interest tax giveaway. Not only does the SALT Act provide immediate necessary relief for taxpayers; it also generates enough revenue to fully fund Medicare hearing and vision benefits for the next ten years.” The state and local tax (SALT) deduction exists to prevent Americans from being taxed again at the federal level on income already taxed and taken by their states. This deduction has been in our tax code for over a century, since the inception of the federal income tax in 1913. In 2017, then-President Trump signed a tax law that imposed a $10,000 cap on the SALT deduction through 2025. This cap discriminates against taxpayers—who earn the same incomes—based solely on where they live, and punishes states where residents have chosen to pay for better schools and services with higher state and local taxes. Rep. Porter’s SALT Act would:
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