SALT caucus rejects tax-writing panel’s offer of $30,000 deduction cap
A key group of moderate House Republicans says it is rejecting a proposal from GOP leadership to raise the state and local tax (SALT) deduction cap to $30,000 in the party's bill full of President Trump's legislative priorities.
The House Ways and Means Committee, which oversees the tax portions of the GOP megabill, had been discussing increasing the SALT deduction cap from $10,000 to $30,000, two sources told The Hill, as the panel looks to resolve the key disagreement ahead of a planned prelim