Offering SALT Protection Measure
Just offered this measure on the senate floor, which is a very simple proposal: if state and local investments in infrastructure, education law enforcement, services for our children and our seniors are reduced, the SALT deduction millions of people rely on comes back. Sound good? Sadly, I bet Republicans defeat it.
Related Videos
Related PagesSee All
Video Transcript
Health care infrastructure or services for children or seniors education or law enforcement is reduced or taxes on the Middle class are increased. This President, I rise once again and stand up for the good people of New Jersey and other States to offer emotion to restore the state and local tax or salt deduction ending the salt deduction will subject millions of Middle class families to double taxation, but that's not all you will also set the stage For huge cuts to education law enforcement, infrastructure, public health and other critical services, but don't take my word for it. Listen to the teachers and police officers. The doctors and nurses and firefighters, the National education Association, opposes it because it will hurt our public schools the National or fraternal order of police and the National sheriff's Association opposed because it makes our streets less safe the American medical Association, American hospital Association of posted because people will lose access to healthcare the rp opposes it Cause he will lead to cuts in Medicare and medicaid and heard our seniors, even the New Jersey chamber of Commerce opposes it because it will hinder investments in infrastructure, businesses need to compete. My motion to commit would restore the salt deduction if these all too predictable consequences happen a corporate tax cut can't build the road care for senior teach your child to help keep our streets safe and if corporations can keep the state and local tax deduction so should Middle class families. We can't afford to roll the dice and risk these investments in the Middle So I urge adoption of the motion to commit and ask for the days deserves efficient. Second, there appears to be that's, are yes time in opposition is President John, recognize this present list. Let's keep in mind that the state local tax or salt deduction disproportionately benefits wealthy tax payers in high tax States. More than 70 percent of American families currently take the standard deduction so they're not gonna be impacted By all at all by this bill's treatment of solve go














