Trump Pitches Repeal of SALT Cap in Bid for New York Voters
Former President Donald Trump this week hinted at a key tax reversal if he returns to the White House, suggesting he would scrap the $10,000 cap on state and local tax (SALT) deductions—a limit he imposed during his 2017 tax reform.
In a bid to court New York voters ahead of a Wednesday rally on Long Island, Trump took to Truth Social, vowing to “get SALT back” and lower taxes, claiming he could revive the state’s struggling economy. The SALT cap, unpopular in high-tax states like New York, has been a point of contention, with local lawmakers and taxpayers arguing it unfairly burdens residents.
Trump’s latest tax promise is seen as an olive branch to suburban voters frustrated by the financial hit from the 2017 tax law. Whether this message resonates beyond his core base remains to be seen.