Trump Frustrated as SALT Cap Delays Tax Bill Progress

Reported 1 day ago

President Donald Trump is increasingly impatient with efforts to raise the cap on the state and local tax (SALT) deduction while trying to pass a major tax cut bill. During a recent meeting, he urged Republicans from high-tax states to hold off on increasing the SALT limit until after the legislation is finalized. Despite ongoing negotiations, some lawmakers are still opposed unless significant changes are made, signaling a stalemate as the House prepares to vote on the package.

Source: YAHOO

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