SALT Deduction

The U.S. House of Representatives has passed a bill aimed at loosening a controversial part of the 2017 tax law, and New Yorker members of Congress are crossing party lines. The bill now moves to the Senate, where it’s not likely to be taken up, but the issue will likely come up again in 2020 congressional races.

Connecticut and New Jersey are also on the suit.

New York Governor said new rules on state and local tax, or SALT, deductions is an economic assault on New Yorkers.

The tax plan unveiled by Republicans in the House of Representatives will disproportionately raise taxes on for those living in Northeast states like New…