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Democrats search for sweet spot on ‘SALT’ deduction By Lindsey McPherson, CQ-Roll Call
Published: July 4, 2021, 6:37pm
Share: Top Democrats such as Senate Majority Leader Charles E. Schumer (right) of New York and Speaker Nancy Pelosi of California support repealing the SALT cap because it would benefit their constituents. (Samuel Corum/Getty Images/TNS)
House and Senate Democrats are struggling to balance a general desire to make the wealthy pay their fair share with regional interest in restoring a tax break that disproportionately benefits upper-income households.
The party has yet to find a solution to its “SALT” problem, but Democrats on both sides of the debate over the deduction for state and local taxes are ready to compromise.