WESTCHESTER COUNTY EXECUTIVE GEORGE LATIMER CALLS ON FEDERAL LAWMAKERS TO VOTE TO RESTORE SALT DEDUCTIBILITY.
“I thank the Westchester Congressional delegation for co-sponsoring the Restoring Tax Fairness for States and Localities Act (H.R. 5377) and for thinking of the people in Westchester County, sitting at their kitchen tables paying bills – and with them in mind, acting to stop this assault on the middle class. I strongly urge the U.S. House of Representatives to vote for this legislation, which would eliminate the $10 thousand dollar limit SALT deductions for 2020 and 2021.
“In Westchester County, more than 47% of residents itemize their federal tax deductions with an average of $34,300 in deductions, well above both the cap and the new standard deduction. This results in double taxation on the same income, and effectively raises taxes on thousands of middle-class and working families in Westchester who depended on the deduction. Many of our federal representatives have championed this issue – I now ask others to join the fight.”
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