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Republicans Eye $25,000 SALT Cap as Trump’s Tax Cuts Take Shape
By
Nancy Cook
News April 02, 2025 at 10:32 AM
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What You Need To Know
- Swing-district House Republicans representing the New York City area and southern California have demanded a SALT cap increase.
- The plan, still being drafted, is said to include some of Trump's campaign pledges along with renewing the 2017 tax cuts.
- The proposal will also roll back parts of the Biden-era Inflation Reduction Act to offset some of the tax cuts.
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