A $10,000 cap on SALT deductions is causing a roadblock for Republicans trying to pass a $3.8 trillion tax bill. Some House members are demanding the cap be raised or abolished, while others want it significantly increased. The issue is crucial for Republicans as they navigate the cost of the tax cut and try to secure enough votes for the bill.
image sourced from original article at https://www.nytimes.com/2025/05/15/nyregion/salt-tax-deduction.htmlOriginal article source: https://www.nytimes.com/2025/05/15/nyregion/salt-tax-deduction.html
Source Id: 2025-05-720095905
