SALT Cap Repeal Pitched by Lawmakers From High-Tax States (1)

Lawmakers from high-tax states are pitching their latest legislation—a full repeal of the $10,000 limit—to give relief from the state and local tax deduction cap imposed by the 2017 tax law.

New Jersey Democrats Rep. Rob Menendez and Rep. Josh Gottheimer unveiled a new bipartisan repeal bill Thursday. The cap has been a target of New York-area and California lawmakers since its passage in 2017, though any attempts to repeal or raise the limit will be difficult to gain traction this Congress.

Reps. Andrew Garbarino (R-N.Y.) is the sponsor, and Reps. Anna Eshoo (D-Calif.), Young Kim (R-Calif.), and Gottheimer are ...