#salt-provision

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POLITICO
5 months ago
US Elections

Why vulnerable House Republicans are scrambling to fix tax law

New York Republicans are backing a change to the SALT provision, raising the cap on deductions to $20,000 for joint filers with gross adjusted income of $500,000 or less.
The plan to completely end the SALT cap has been altered to a proposal that is tailored to mostly middle-income couples in order to create a path of least resistance. [ more ]
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