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Johnson offers $40,000 SALT deduction cap with income limits
axios.com/2025/05/20/mike-johnson-salt-deduction-income-limits
House Speaker Mike Johnson offered GOP holdouts a detailed proposal on Monday to set the SALT deduction cap at $40,000 for anyone who makes less than $751,600 a year.
Why it matters: But Johnson (R-La.) also offered the SALT members an entirely different option: Figure out the math…
This story appeared on axios.com, 2025-05-20 12:17:23.