And what do you think is ultimately going to come from an agreement? First off, I would tell you I don't think we should be subsidizing high tax states. Salt is just to give away to the high tax environment of New York and to a lesser extent California. So it was up to me, Jake, we would lower that $10,000 deduction, not increase it. But I figured out a long time ago that Washington D.C. does not deliver Dusty Johnson every single thing he wants. (01:07–01:14)
CLAIM
Asserts that the SALT deduction primarily benefits high-tax states like New York and California.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
