President Donald Trump on Monday mocked his home state for getting hurt by his own tax law that passed in late 2017.
"People are fleeing New York State because of high taxes and yes, even oppression of sorts," Trump wrote on Twitter. "They didn’t even put up a fight against SALT -- could have won."
....People are fleeing New York State because of high taxes and yes, even oppression of sorts. They didn’t even put… https://t.co/eDYh8K4ZEz— Donald J. Trump (@Donald J. Trump) 1556544212.0
Trump's signature tax law put a cap on the amount of state and local taxes -- a.k.a, "SALT" -- that taxpayers can deduct from their federal income tax payments. This had the affect of harming taxpayers in blue states such as New York, which on average impose higher taxes on residents than what residents in more conservative states pay.
New York Gov. Andrew Cuomo has repeatedly ripped Trump for his tax law's SALT provision, and he even met with White House officials earlier this year to discuss repealing the cap on deductions.
"The elimination of the SALT deduction (state and local tax) was an economic attack on Democratic states," Cuomo wrote this past February. "I’m launching a nationwide campaign to repeal the SALT cap. It was a gross injustice, and the new Congress must make this one of their top priorities."