Esty: Congress Must Reject Middle-Class Tax Increases in Partisan Tax Bill
WASHINGTON, D.C. – Following the introduction of long-awaited legislation to overhaul the nation’s tax code, Rep. Elizabeth Esty (CT-5) decried the inclusion of a proposal to reduce the state and local tax (SALT) deduction claimed by middle-class families in Connecticut each year. According to the Government Finance Officers Association (GFOA), 41% of Connecticut filers claimed the SALT deduction in 2015, with an average deduction of $19,664.
“I’ve heard from senior citizens in our state who fear they’ll lose their homes without this deduction,” Esty said. “Middle-class families in central and northwestern Connecticut already pay more to the federal government in taxes than they get back in federal support. By attacking the state and local tax deduction this ill-conceived proposal would only make life harder on working people whose budgets are already stretched thin.
While some might believe that preserving the deduction for property taxes but not state income taxes is a compromise, I reject that idea. Families shouldn’t have to pay taxes twice on the same dollar, whether it’s a dollar for local property taxes or a dollar for state income taxes. There’s a reason this deduction is as old as the tax code itself: it’s central to our idea of fairness as Americans.
Instead of reaching into Connecticut wallets for more revenue, we should work together as Republicans and Democrats to develop a plan that would lower rates on middle-class families, reduce our deficit, and encourage companies to bring jobs home. I am committed to stopping this tax increase.”
Esty introduced a resolution calling for Congress to preserve SALT last week. Every member of the Connecticut House delegation signed on in support of the effort.