Schneider announces plan to reinstate full SALT deduction
Reinstate the full SALT deduction.
Occurrences
Evidence
Section 70120 amends IRC 164(b)(6) to replace the prior $10,000 SALT cap with an indexed applicable limitation amount of $40,000 for 2025 and $40,400 for 2026, with a phasedown before the cap returns to $10,000 after 2029.
AP reported that a May 22, 2026 White House function in Suffern, New York, centered on the enacted tax law and its SALT expansion, with Trump describing the deduction increase as a completed Republican tax-cut achievement rather than a full restoration of the prior deduction.
Assessments
The promised outcome was reinstatement of the full SALT deduction, but the cited federal law only raised the cap temporarily to $40,000 for 2025 and $40,400 for 2026, with phase-down rules and a return to the $10,000 cap after 2029. That is a meaningful expansion, not full restoration. Because the partial change occurred while Schneider remained in federal office, the timing is same_term. The record provided does not show Schneider personally secured full repeal or uniquely drove the enacted partial expansion, so full delivery is not warranted.