Republican senators consider setting SALT cap in Trump tax law
Jin10 Data reported on June 12 that a key Republican negotiator indicated that Republican senators are considering setting a $30,000 cap on State and Local Tax (SALT) deductions as a compromise between the current law and the more generous limits in the House version of the Trump tax law. 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.