Bloomberg Tax
April 3, 2021, 2:09 PM

Democratic Governors Urge Biden to Remove SALT Deduction Cap (1)

Yueqi Yang
Yueqi Yang
Bloomberg News

Democratic governors from seven states, including New York, New Jersey and California, wrote to President Joe Biden urging him to remove the cap on state and local tax deductions enacted by Donald Trump.

The governors said in Friday’s letter that the $10,000 limitation on state and local tax, or SALT, deductions “disproportionately” hit Democratic-run states. “We must go further and undo the cap placed on state and local tax deductions by the Trump administration” through the 2017 tax law, they wrote.

The letter was signed by New York Governor Andrew Cuomo, New Jersey Governor Phil Murphy, California ...