Haskell Applauds Lawsuit Challenging SALT Deduction Cap
Westport, CT— Today, state senate candidate Will Haskell announced his support for a lawsuit filed by Connecticut, New York, New Jersey and Maryland challenging a cap on state and local tax (SALT) deductions. The recently passed Tax Cuts and Jobs Act, proposed by Republicans and signed by President Trump, imposes a $10,000 limit on federal income tax deductions that an individual or couple can claim from local and state taxes. Connecticut’s lawsuit argues that the deduction limit is unconstitutional.
“This new law amounts to a massive Republican tax hike that will disproportionately affect communities like ours,” said Haskell, “Clearly, this bill was politically motivated, targeting states that did not support Donald Trump’s candidacy in 2016. What Republicans claimed to be a tax cut has become a multi-thousand dollar tax burden for Connecticut families.”
The average SALT tax deduction in Connecticut is $19,000. In Fairfield County, that number is even higher. Placing a cap on this crucial deduction equates to a tax hike of thousands of dollars for families in our area.
“Every day, we are inundated by Republican talking points that decry taxation. Yet in the wake of this historic tax increase, my opponent has stayed largely silent. My belief is simple: the federal government should not tax citizens again on income that has already been taxed by their town and state. That’s why I applaud Connecticut for joining a multi-state coalition that seeks an injunction to this unacceptable tax. We need strong state leadership to stand up to the Trump administration and defend Connecticut residents.”
Haskell is running for state senate in the 26th district of Connecticut, which includes portions of Westport, Ridgefield, Wilton, Redding, Weston, Bethel, and New Canaan.
Haskell is eager to stay in close touch with constituents and urges any resident of the 26th district to give him a call on his cell phone at 203-856-0873. For more information about Will’s campaign or to volunteer to help, please visit WillHaskellforCT.com.