Chuck Schumer Pledges To Help Wealthy Blue State Residents Pay Less In Taxes

Democratic Senate Majority Leader Chuck Schumer said Tuesday at the Democratic National Convention (DNC) that he intends to do his part to help wealthy filers living in blue states pay less in federal taxes.

Schumer told reporters that he won’t allow the state and local tax (SALT) deduction cap to extend beyond its 2025 expiration date so long as he remains the leader of the Democratic caucus, according to The Hill. The SALT deduction allows taxpayers to deduct some of what they pay in state and local taxes from what they owe the federal government, meaning that it is especially impactful in states with higher taxes, which tend to be blue states.