So that's certainly a weakness and Represent Massie points it out very well. And one of the things that we can do in regards to that is that The SALT deduction, state and local tax, the New Yorkers were able to get it raised from 10 to $40,000. So think about that. Somebody making a half a million dollars in those states, they can deduct up to $40,000 of their state and local taxes. (20:09–20:20)
CLAIM
Asserts that the SALT deduction was raised from $10,000 to $40,000.
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.