Bill Pascrell: “My colleagues representing New Jersey, New York, Illinois, California, Minnesota, and so many other States, including…”

“My colleagues representing New Jersey, New York, Illinois, California, Minnesota, and so many other States, including Georgia, including Lake Geneva, Wisconsin, better think long and hard about their vote today. The American people are watching to see if they vote to raise their taxes. This amendment, the Capito amendment, in the budget falsely claims that the SALT only benefits high-income taxpayers. Let's take a look at that. The fact is that repealing it would hurt the middle class and working families. At the same time, how do you justify--through the Speaker, how do you justify keeping the deduction still viable for corporations? They can deduct the State and local taxes, but the families of America can't? How can you justify that? I want to hear your justification of that. That is going to be a good one. Forty percent of taxpayers with incomes between $50,000 and $75,000, more than 70 percent of those making $100,000 to $200,000, claim the State and local tax deduction. The SPEAKER pro tempore. The time of the gentleman has again expired. Mr. McGOVERN. Mr. Speaker, I yield an additional 30 seconds to the gentleman from New Jersey.”