March 7, 2019 - Issue: Vol. 165, No. 41 — Daily Edition116th Congress (2019 - 2020) - 1st Session

[Page H2515]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     STATE AND LOCAL TAX DEDUCTION

  (Mr. SCHNEIDER asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. SCHNEIDER. Madam Speaker, forcing Americans to pay Federal tax 
money they have already paid to State and local governments is double 
taxation, and it is wrong. But that is just what the tax law passed by 
my Republican colleagues in 2017 did.
  The law places a severe $10,000 restriction on the State and local 
tax deduction. According to the United States Department of the 
Treasury, more than 11 million households will exceed this new cap. In 
my district, around 42 percent of filers use the SALT deduction, and I 
have heard from many constituents stuck this year with a higher tax 
bill.
  Madam Speaker, Illinois already pays approximately $1.36 for every 
dollar we receive in Federal spending. It is not right that our 
communities now must bear the burden for the President's irresponsible 
tax law.
  Lifting these punishing caps is a top priority for my constituents, 
and I am pleased that there is growing bipartisan support for the 
effort. This week, I cosponsored legislation introduced by Chairwoman 
Nita Lowey, a Democrat, and Peter King, a Republican, to restore the 
full SALT deduction.
  Madam Speaker, I urge my colleagues to join us in this effort and 
help bring needed tax relief to the communities we all represent.

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