Trump Pledges to Restore SALT Write-Off, Tax Break He Curbed (1)

Donald Trump said that he would revive the state and local tax deduction, a popular tax break for New Yorkers that the former president limited during his time in the White House.

“I will turn it around, get SALT back, lower your Taxes, and so much more,” Trump said in a Truth Social post on Tuesday, a day before he is scheduled to hold a rally on Long Island, New York.

The deduction is a particularly potent issue in New York City-area suburbs where the combination of high tax rates and high property values make the tax write-off especially valuable. ...