SALT Talks Gain Steam With Trump’s Blessing on Tax Break

What You Need To Know

• Lawmakers want to finalize a figure for the deduction cap in the coming weeks, GOP representatives say.
• Republicans are also weighing Trump’s campaign tax promises including plans to stop taxing overtime pay, tips and Social Security.
• New York Rep. Mike Lawler has introduced a bill that would lift the cap to $100,000 for individuals and $200,000 for those filing jointly.