Congress could repeal the current cap on state and local tax deductions, a move that the Committee for a Responsible Federal Budget said would benefit wealthy homeowners rather than the typical middle-income family.
Source: Inman News
The SALT deduction: What to know and how it could change
Published in bernie sanders, democrats, federal deficit, federal government, itemized deductions, lawmakers, new york times, News Brief, SALT cap, SALT deduction, state and local taxes and taxes
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