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Who benefits most from the state and local tax deduction and why raising the cap is contentious
edition.cnn.com/2025/05/20/business/state-and-local-tax-deduction-salt
Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.
But a proposal to do just that has become a point of contention and a possible roadblock to House Republicans’ passing “one big, beautiful bill” that reflects President Donald Trump’s…
This story appeared on edition.cnn.com, 2025-05-20 00:00:00.