we will demand restoration of the full deduction when the current one expires at the end of 2025, and I’m optimistic we’ll get it.
I will demand restoration of the full SALT deduction when the current cap expires at the end of 2025.
Occurrences
I told you years ago, when I first started my fight to restore SALT, that I wouldn’t stop fighting until we got all of our SALT deduction back.
Evidence
Gottheimer said the SALT relief he was proposing was not acceptable long term and that he would continue to demand restoration of the full deduction when the current one expires at the end of 2025.
Gottheimer announced reintroduction of the SALT Deductibility Act, legislation to fully restore the State and Local Tax deduction, as part of strategy ahead of tax bill negotiations.
Gottheimer helped introduce an amendment to the House reconciliation package that would fully restore the SALT deduction; he said he had been fighting since day one to do so.
Assessments
The promise was to demand restoration of the full SALT deduction when the cap expired, not necessarily to secure enactment. In the same congressional term, Gottheimer reintroduced legislation to fully restore SALT and introduced an amendment to the 2025 tax package that would fully restore the deduction, matching the promised advocacy and concrete legislative effort.