Ross Gerber Touts An Idea To Cut Deficit By Trillions Of Dollars: 'Let The Tax Cuts Expire And Full SALT Come Back'

United,States,Tariffs,Government,Import,Taxation,to,Increase,The,American,Economy.industrial

As the One Big Beautiful Bill Act of 2025 proposes tax relief for individuals, it is also estimated to increase the federal deficit. However, this expert proposes an idea that could help cut trillions of dollars in deficit.

What Happened: Financial commentator Ross Gerber of Gerber Kawasaki has ignited discussion with an X post, proposing to let the “tax cuts” expire and restore full State and Local Tax (SALT) deductions to slash the U.S. federal deficit by trillions.