Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and local tax (SALT) deduction cap could be the tallest to surmount. Tax writers on the House Ways and Means Committee initially offered to raise the cap to $30,000 for joint filers making up to $400,000…
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5 things to know about SALT, the tax break holding up Trump’s ‘big, beautiful bill’
