Stop the Attack on Local Taxpayers Act or the SALT Act This bill amends the Internal Revenue Code to (1) repeal the $10,000 limitation on individual income tax deductions for certain state and local taxes, and (2) increase the top individual income tax rate to 39.6% (currently 37%).
Income tax deductionsIncome tax ratesInflation and pricesProperty taxSales and excise taxesState and local taxation
SALT Act
USA116th CongressS-437| Senate
| Updated: 2/11/2019
Stop the Attack on Local Taxpayers Act or the SALT Act This bill amends the Internal Revenue Code to (1) repeal the $10,000 limitation on individual income tax deductions for certain state and local taxes, and (2) increase the top individual income tax rate to 39.6% (currently 37%).