Sen. Tim Scott, R-S.C., is pursuing a “sweetener” for state and local tax deductions that are eliminated in tax reform.
A major sticking point in the tax bill has been the elimination of the state and local tax deduction, which would hit residents in high-tax states hard. Both the House and Senate versions of tax reform initially passed with an elimination of SALT, but added a $10,000 tax deduction for local property taxes.
Now both chambers are in talks on how to reconcile the differences between the two versions, with a goal to get a final version passed and sent to President Trump by the end of the year.
Scott said on NBC’s "Meet the Press" Sunday he is looking into a “sweetener” for SALT.
“There is a lot of conversation around the fact that some of the blue states where taxes are high won’t use the $10,000 property tax deduction,” he said.
He hinted sweetener could be giving more income and property tax deduction options in those states.
A sweetened SALT deduction could help wary Republicans get on board the tax bill. In the House, there were 13 Republicans that voted against it, all from high-tax states such as California, New York and New Jersey.