LONG BEACH— Mayor Robert Garcia joined a bipartisan group of 24 mayors from across the state of California who signed onto a letter asking California’s Congressional Delegation to preserve the State and Local Tax exemptions.
“Eliminating the SALT deductions would unfairly shift the burden on the backs of our hardworking middle-class families and homeowners in Long Beach and across the state,” said Mayor Robert Garcia. “I urge lawmakers to find common ground in preserving the SALT exemptions.”
California has a comparatively high state income tax and property taxes making the SALT deduction vital for many Californians. According to the Tax Policy Center, about 44 million taxpayers claimed the deduction in 2014, including 6 million in California.
About the State and Local Tax Exemptions
The SALT deduction help state and local governments fund public services that provide widely shared benefits. Residents in states like California, New York, New Jersey, Illinois, and Texas benefit the most from SALT deductions and would be hit the hardest by its elimination in terms of raising sufficient revenue to fund public K-12 education, higher education, health care, and other services.