GOP Lawmakers From High-Tax States Threaten to Derail Trump’s Tax Bill Over SALT Cap Dispute.
(ThyBlackMan.com) At least six congressional Republicans are demanding a radical fix in the 2017 tax law targeting residents of high-income states. If they don’t get it, they may sink Donald Trump’s tax-and-spending package, his “one big beautiful bill.” And who can blame these reps from New York, New Jersey and California? At issue is the unfair cap on the state and local taxes (SALT) their constituents may deduct from federally […]