Taxes

Our region has one of the highest costs of living in the entire country, which is why I am committed to lowering taxes for hardworking Long Islanders and small businesses. Now more than ever, our families and businesses need economic relief, not more taxes.

One of my most important priorities in Congress is to restore the full State and Local Tax (SALT) deduction. In addition to being a proud funding member and Co-Chair of the SALT Caucus, I introduced the SALT Deductibility Act, a bipartisan, bicameral bill restore the full SALT deduction. The SALT cap unfairly penalizes Long Islanders and has left a devastating effect on New York. Not being able to deduct state and local income taxes is a case of double taxation, which is the last thing my constituents need during a global pandemic. Long Islanders deserve to be treated fairly and similarly to the rest of the country.

Here's how I’m fighting for a fairer tax code for NY-02

• H.R.613 - SALT Deductibility Act
• H.R.2288 – To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds
• H.R.1712 - To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes
• H.R.1381 - Main Street Tax Certainty Act