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House tax writers eye SALT deduction cap rejected by key lawmakers last week
thehill.com/business/5295825-salt-deduction-cap-increase-debate
The House Ways and Means Committee is eyeing a plan to increase the state and local tax (SALT) deduction cap by $30,000 for single and joint filers who make $400,000 or less a year, even after key lawmakers vocally rejected that proposal last week.
The idea, which four sources confirmed…
This story appeared on thehill.com, 2025-05-12 17:12:37.