State Taxes: Some House Republicans Want SALT Relief in Tax Bill
Democrats and Republicans have both circled a tax break that would benefit wealthy states. It's an issue yet again.
Source: businessinsider.com
Stay updated with breaking news from Alt 2017. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Democrats and Republicans have both circled a tax break that would benefit wealthy states. It's an issue yet again.
"No SALT, no dice!," tweeted Rep. Josh Gottheimer. Other Democratic lawmakers made similar threats to oppose the stalled package.
Trump's 2017 tax law limited the SALT deduction tax break. Some Democrats want to bring it back but AOC argues it's "a giveaway to the rich."