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Battle over SALT deduction heats up amid debate over GOP’s $4 trillion tax bill debate
fortune.com/article/salt-cap-deduction-gop-tax-plan
As Republicans move closer to passing their $4 trillion tax bill, one provision is proving to be an outsize obstacle: The state and local tax deduction known as SALT. The deduction allows those who itemize when filing their federal taxes to deduct property, sales, or income taxes already…
This story appeared on fortune.com, 2025-05-15 18:01:31.