AASA Statement on Proposed Elimination of SALT-D

For Immediate Release

Contact:
James Minichello 
703-875-0723
703-774-6953 (cell)
jminichello@aasa.org

Alexandria, Va. – Sept. 27, 2017 – AASA Executive Director Daniel A. Domenech issued the following statement in response to President Trump’s remarks about tax cuts and proposed elimination of the State and Local Tax Deduction (SALT-D).

“AASA is deeply opposed to the proposed elimination of the State and Local Tax Deduction (SALT-D). We believe any comprehensive tax reform legislation must preserve this deduction. As one of the six original deductions allowed under the original tax code, SALT-D has a long history and is a critical support for investments in infrastructure, public safety, homeownership and, specific to our work, our nation’s public schools.

“SALT-D prevents double taxation for local residents. Elimination of this deduction would increase tax rates for certain tax payers, reduce disposable income, limit ability and support for local taxes, and damage local, state and national economies.

 

Read the full statement.



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