Trump backs SALT repeal, says top New York Republican. Taxpayers in these states could benefit.

A New York Republican says that President Trump supports reverting to an unlimited deduction for state and local taxes, though the president also recognizes that a SALT cap may be necessary to keep budget deficits under control.

Jan 22, 2025 - 09:00
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Trump backs SALT repeal, says top New York Republican. Taxpayers in these states could benefit.
A New York Republican says that President Trump supports reverting to an unlimited deduction for state and local taxes, though the president also recognizes that a SALT cap may be necessary to keep budget deficits under control.

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