National Association of Counties, National League of Cities urge Congress to pass the SALT Marriage Penalty Elimination Act
WASHINGTON – The National Association of Counties (NACo) and the National League of Cities (NLC) today issued a joint statement thanking House Speaker Mike Johnson and Congress for taking up the bipartisan SALT Marriage Penalty Elimination Act (H.R. 7160) and urging its swift passage.
NACo and NLC last month sent a letter to congressional leaders encouraging relief from the cap on state and local tax (SALT) deductibility in any tax package.
The SALT Marriage Penalty Elimination Act would reform the penalty in which married couples filing taxes jointly are limited to $10,000 in SALT deductions the same way individuals are, effectively reducing the cap on married people to $5,000 per person.
NLC CEO/Executive Director Clarence Anthony and NACo CEO/Executive Director Matthew Chase said:
“Many residents, especially homeowners, face higher federal tax bills as a result of the $10,000 cap on the SALT deduction, leaving less income for essential needs such as childcare, education, healthcare and housing.
“Furthermore, the cap only applies to individuals and families and not state and local taxes paid by certain businesses. In other words, working families and taxpayers – who make up the backbone of our economy – are subjected to double taxation whereas landlords and investors are not.
“Capping the SALT deduction has limited state and local control of tax systems, shifting the intergovernmental balance of taxation at a time when the responsibilities of counties and municipalities have never been greater.
“The SALT Marriage Penalty Elimination Act would provide immediate relief to taxpayers while enhancing the ability of states and local governments to invest in our communities.
“This legislation represents a clearcut way for Congress to address the cap in a way that will have a direct impact on residents, ensuring married couples filing jointly do not face an even tighter cap than individuals.
“We thank the bipartisan SALT Caucus, Speaker Johnson and the U.S. House for their consideration of this bipartisan legislation and urge its swift passage.”
###
The National Association of Counties (NACo) strengthens America’s counties, including nearly 40,000 county elected officials and 3.6 million county employees. Founded in 1935, NACo unites county officials to advocate for county government priorities in federal policymaking; promote exemplary county policies and practices; nurture leadership skills and expand knowledge networks; optimize county and taxpayer resources and cost savings; and enrich the public’s understanding of county government. www.naco.org
The National League of Cities (NLC) the voice of America’s cities, towns and villages, representing more than 200 million people. NLC works to strengthen local leadership, influence federal policy and drive innovative solutions. Stay connected with NLC on Facebook, Twitter, LinkedIn and Instagram.
Supreme Court Rules on Important Impact Fee Case
- McKaia Dykema
Simplifying Grant Compliance for All Municipalities
- Michael Gleeson
Big Day for NLC and Municipal Governments: Final Office of Management and Budget (OMB) Uniform Grants Guidance Released
- Stephanie Martinez-Ruckman
- Michael Gleeson
Congress Resolves Threat of a Government Shutdown with Mixed Outcomes for Local Government Priorities
- Michael Wallace
Navigating social media as a local leader in the wake of recent SCOTUS decision
Supreme Court Issues Important Decision Impacting Elected Officials and Use of Social Media
- Stephanie Martinez-Ruckman