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State and local taxes are at the center of the fight over Trump's big bill. Here's what taxpayers in every state pay
businessinsider.com/gop-targets-salt-deduction-cap-high-tax-states-bill-2025-5
Andrew Harnik/Getty Images
Some Republicans are once again targeting a cap on deductions for state and local taxes, aka SALT.
The SALT deduction cap affects high-tax states like New York and California significantly.
Part of the GOP tax and spending bill proposes raising the cap to…
This story appeared on businessinsider.com, 2025-05-18 08:11:01.