Rep. Young Kim won’t vote for a budget bill with a state and local tax deduction cap of $30,000.
That’s the number Kim and other Republicans from high-tax states say has been floated as an offer as the powerful House Ways and Means Committee continues work shaping major parts of President Donald Trump’s budget proposal, including the modification of tax provisions.
But they say the proposed $30,000 figure for the tax deduction cap, commonly referred to as SALT, is still too low and would not get their support.
Kim called the $30,000 proposal a “non-starter” and a “slap in the face to the hardworking taxpayers in her district.”
“I’ve become one of the saltiest members of Congress,” she said during a roundtable with small business owners at the Yorba Linda Public Library on Friday, May 9.
Kim and a group of other Republicans from high-tax states — including New York and New Jersey — are complicating House Republican leadership’s efforts to push through the budget bill through the House by Memorial Day, actively campaigning for a SALT cap deduction increase.
Kim said she’d prefer a SALT cap set at $62,000 for individuals. That wouldn’t fully restore deductions for married couples, she said, but that would be a “reasonable offer.”
But when asked what figure she’d be willing to accept if lawmakers couldn’t agree on her proposal of $62,000, Kim said she didn’t have a number. That $62,000 cap, she said, would reflect what works best for her district, and the proposed $30,000 is too low to get her support.
House Speaker Mike Johnson, R-Louisiana, told Politico the $30,000 figure was just a number floated. “It’s still an ongoing discussion among…
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