On the recordJune 29, 2021
I thank the gentleman for yielding to me and certainly for his wonderful leadership on this issue. Anyone that is tuned in this evening from across the country is hearing a lot of passion spilling over at the podiums here, and for very good reason. In 2017, despite the opposition of every single Democrat in the United States House of Representatives and some Republicans, Congress passed a tax law that bulldozed the State and local tax deductibility. This hurts a lot of people. Now, that was close to a $5 trillion package and so why was this bulldozed? They went through the Tax Code looking for things that were deductible to lower the price tag of a highly inequitable tax package. And the SALT deduction, as it is known, was then capped at $10,000 for both individuals and then for married couples filing jointly. I viewed this then, as I do today, as an assault on the middle class of our country. It was one of the main reasons that I voted against the 2017 tax law. Now I think that if you ask the question of 435 Members of the House: Do you support the middle class? They would all say ``yes.'' But the Record shows something else. We know that everyone aspires to get into the middle class, and we know that the middle class, as my father always used to say, is made up of extraordinary, ordinary people who are the backbone of this country. And that is why this policy is so wrong and it is so hurtful. This is a very important deduction for the middle class.…
Source
govinfo.gov




