Currently, 44 million or 30% of all taxpayers are taking SALT deductions. The GOP plans to completely eliminate the SALT deduction.
California Democratic leaders reject eliminating SALT deduction
Earlier this month, House Minority Leader Nancy Pelosi of California criticized the GOP tax reform framework. She said it is a “deficit-exploding, multi-trillion dollar tax-giveaway to the wealthiest.”
Pelosi also blasted the GOP plan to end SALT deduction as an “insidious effort to raise taxes on middle-class families” across the United States.
On the other hand, Sen. Dianne Feinstein she cannot support GOP’s plan to eliminate SALT deduction. She considers it a plan to help pay for large tax cuts for the rich at expense of ordinary families. According to him, the plan will surely hurt Californians.
