During an interview with the Fox News Channel aired on Wednesday’s broadcast of “Hannity,” President Donald Trump said that he was right to limit the SALT tax deduction and the deduction “rewards badly-run states.” But “we’re going to give some back.” And eliminating the deduction is “tough for the states. It really is tough for the states.”
Host Sean Hannity said, [relevant exchange begins around 3:00] “My taxes went up the first time you were President, because you took away the SALT deduction, which, by the way, I thought was the right decision.”
Trump responded, “Well, I did. It was the right decision. In fact, Reagan tried to do it, because it rewards badly-run states. But, at the same time, it’s a tough — it’s tough for the states. It really is tough for the states. The sad part is, it rewards really badly-run states. And Reagan tried to do it, he was unable to do it. I got it done. And now we’re going to give some back.”
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