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REALTORS®
FOR TOM SUOZZI
State and Local Tax Deduction:
Tom Suozzi supports removing the marriage penalty resulting from the limit on the state and local tax (SALT) deduction by doubling the $10,000 cap for married couples filing jointly.
Increasing the Capital Gains Exclusion:
Tom Suozzi supports the More Homes on the Market Act which would double the current capital gains exclusion for homeowners when selling their principal residence and index it to future inflation. Without the fear of a massive tax liability, more long-time homeowners will be incentivized to sell their homes and help alleviate the inventory shortage.
Investing in Infrastructure:
Tom Suozzi understands that poorly maintained roads impose extra costs throughout the local economy. That’s why he supported the Bipartisan Infrastructure Law to invest in maintaining and upgrading existing surface transportation and mass transit systems.
Fair Housing:
Tom Suozzi believes all Americans – no matter their race, color, religion, sex, disability, familial status, sexual orientation, gender identity or national origin – should be protected from housing discrimination.