The SALT Fairness Act of 2023 aims to restore the full state and local tax (SALT) deduction for individuals, which was capped under the Tax Cuts and Jobs Act of 2017. This bill seeks to alleviate the financial burden on taxpayers in high-tax states by allowing them to deduct their full state and local taxes from their federal tax returns. By reinstating this deduction, the bill aims to provide relief to middle-class families and promote fairness in the federal tax system.
2023-01-09: Introduced in House
2023-01-09: Referred to the House Committee on Ways and Means.
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