New York Republican floats higher tax rate to pay for SALT

fortune.com/2025/05/17/republican-higher-tax-rate-salt-deduction-trump-big-beautiful-bill

A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of raising the top rate for high earners to help pay for President Donald Trump’s tax cuts — and to get the stalled legislation moving.
“The One Big Beautiful Bill has…

This story appeared on fortune.com, 2025-05-17 23:23:57.
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