Malliotakis Advocates for Increased SALT Cap to $30,000

Reported about 11 hours ago

Representative Nicole Malliotakis from Staten Island supports raising the state and local tax deduction (SALT) cap from $10,000 to $30,000, arguing it would alleviate the tax burden for most families in her district. This proposal, however, has sparked internal conflict among Republicans regarding the appropriate level of the SALT deduction, with some advocating for a higher limit while others reject the idea. The debate is crucial as it ties into broader tax and spending legislation that House Republicans need to navigate in light of their slim majority.

Source: YAHOO

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