Rep. Lawler says he’s pushing to raise SALT deductions following meeting with President Trump
Currently, SALT allows taxpayers to deduct up to $10,000 of property taxes plus local and state income taxes, or state and local sales taxes that they already paid.
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Rep. Mike Lawler says he's still pushing to raise the cap on state and local tax deductions following a meeting with President Trump.
"He understands how important this is to New York. I think he's obviously anxious to get a bill passed and I certainly understand that," says Lawler.
President Donald Trump apparently told House Republicans, including Lawler, to not to let the debate over state and local taxes derail passage of his legislative agenda, according to a senior White House official.
The president on Tuesday also denied reports that he told holdouts he was "losing patience."
"There was no shouting. I think it was a meeting of love. There were a couple of things that we talked about specifically where some people felt a little bit one way or the other, not a big deal," says Trump.
Currently, SALT allows taxpayers to deduct up to $10,000 of property taxes plus local and state income taxes, or state and local sales taxes that they already paid.
The current proposal would lift the maximum deduction to $30,000.
But Lawler says that's not enough.
"We want to be able to provide real tax relief to middle class and working-class families," says Lawler.
"President Trump came to the capital, apparently to send a message to New York Republicans, he's reversing himself and breaking his promise on salt," says Sen. Chuck Schumer.
Schumer says Trump campaigned on a promise to restore the SALT deduction.
According to Ownwell, the average property taxes in Westchester County is $12,812, $10,993 in Rockland County and $7,888 in Orange County.
Many homeowners say they could use some relief.
"Anything can help. Especially like I said, everything's gone up," says Armando Rivas, a Yonkers resident.
Another look at this pending bill is happening early Wednesday morning.
