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Businesses Pounce as GOP Weighs Limiting Corporate SALT Break
By
Erik Wasson
News April 04, 2025 at 02:37 PM
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What You Need To Know
- Politicians may trim C-SALT to pay for raising the individual SALT deduction to $25,000.
- Life insurers argue that they will be squeezed because they will lose deductions for state taxes on premiums.
- Manufacturers would be especially hard hit by limitations on deducting local property because of the large physical footprint of many plants.
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