Republican senators consider setting SALT cap in Trump tax law

Jin10 data June 12 news, a key Republican negotiator said that Republican senators are considering setting a cap of $30,000 on the state and local tax (SALT) deduction as a compromise between the current law and the more generous House version of the Trump tax plan. Moderate Republican Senator Thom Tillis, who is involved in the negotiations, stated that Republican senators are trying to reduce the $40,000 SALT cap passed by the House to at least $30,000.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)