For months, U.S. Rep. Tom Suozzi by his own admission sounded like a broken record with the mantra of “no SALT, no deal.”
And Suozzi got his deal on altering the $10,000 cap on state and local tax deductions as a provision in the Build Back Better Act approved Friday by the House of Representatives. The provision comes as Suozzi, a Long Island Democrat, is openly eyeing a campaign for governor, and could enter the race later this month.
The provision in the bill does not end the cap entirely, but phases it up from $10,000 to $80,000 over the next decade. The cap was put in place in 2017 as part of a Republican-backed tax cut package and largely affects high tax states like New York, New Jersey, California and Illinois.
Suozzi built a coalition of lawmakers from those states to call for the SALT changes in the bill and withheld their support until it came.