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SALT Deduction Cap Talk With Trump ‘Positive,’ Lawmakers Say
News January 13, 2025 at 11:11 AM
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What You Need To Know
- The meeting held Saturday focused on the $10,000 cap set to expire for tax years after 2025.
- The group wants to see the cap raised or eliminated, softening the burden on constituents who live in states like New York and California.
- Lifting the cap is unpopular among some conservative Republicans from lower-tax states and nonpartisan analysts.
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