KEY VOTE ALERT – “NO” ON THE “SALT” BILL, H.R. 5377
Club for Growth opposes the Restoring Tax Fairness for States and Localities Act, H.R. 5377, which would modify limitations on deductions of State and Local Taxes (SALT) and urges all Representatives to vote no. The bill is expected to be considered soon in the House of Representatives. The results of the vote will be included in the Club for Growth Foundation’s 2019 Congressional Scorecard.
In 2017 under the Tax Cuts and Jobs Act, the SALT tax deduction was capped at $10,000, but liberals in Congress want to increase that cap in a move designed to financially reward political supporters in the wealthiest and most liberal parts of the country.
According to a recent Wall Street Journal Editorial, the bill is “a tax cut on the wealthy” designed to benefit “high-earners in the New York City, San Francisco and Los Angeles metropolitan areas.”
The legislation is clearly an attempt to increase the relative federal tax burden on conservative states and will only embolden fiscal irresponsibility in liberal states. Members would be wise to not go along with Democrats’ SALT scam.
Club for Growth Foundation’s Congressional Scorecard for the 116th Congress provides a comprehensive rating of how well or how poorly each member of Congress supports pro-growth, free-market policies and will be distributed to the public.