House Republicans lack unanimous support for legislation to extend the Trump tax cuts because a chunk of GOP lawmakers is objecting to a key provision that limits state and local tax deductions.
On Monday, Rep. Vern Buchanan and 72 of his colleagues introduced a bill that would make permanent nearly two dozen tax provisions that were part of the Tax Cuts and Jobs Act and are set to sunset after 2025. But the Washington Examiner learned on Tuesday that some GOP lawmakers are objecting to the legislation as currently written because it extends a cap on state and local tax deductions.
“While there are some tax cuts and other provisions of the law that we would like to see extended, the SALT cap is not one of them,” said Rep. Andrew Garbarino ."The Republican members of the SALT Caucus will not vote for a SALT deduction cap extension."The SALT Caucus is a group of Democratic and Republican lawmakers who have banded together during the last Congress and this new one to fight for the SALT cap to be raised or eliminated.
“While I support many of the provisions of the TCJA and believe they should be permanently enacted into law, I cannot and will not support any legislation that would permanently extend the $10,000 cap on the State and Local Tax Deduction,” he said in a statement. “The cap must be lifted, and I will do everything in my power to do so, including withholding support for any legislation that would extend the cap on SALT.
While Republicans nationwide failed to gain many seats in last year's midterm elections, New York Republicans were an outlier and saw success, giving the SALT Caucus relatively more influence during the new congressional session.
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