And by the way, it's affecting Texas now because they've got high property taxes. Everyone's home values have gone up. It's affecting a lot of states that back in 2017 weren't affected. So My bill removes the salt cap limit altogether. I would be willing to negotiate with any party or any who wants to, like, either double it or make it so that a married couple can deduct up to 20k instead of just ten k. (25:07–25:12)
CLAIM
Asserts that his bill proposes to remove the state and local tax (SALT) deduction cap entirely.
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.
