Not much more room left for SALT, says GOP tax chief

politico.com/live-updates/2025/05/14/congress/jason-smith-salt-deal-50-billion-00347925

House Ways and Means Chair Jason Smith (R-Mo.) told reporters Wednesday there’s only about $50 billion available to increase a key tax deduction sought by blue-state Republicans.
Under legislation advanced out of Ways and Means early Wednesday morning, House Republicans would triple the…

This story appeared on politico.com, 2025-05-14 14:27:47.
The Entire Business World on a Single Page. Free to Use →