House Republican Sees SALT Deduction Limit Increasing to $30,000
Representative Jeff Van Drew said he thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction, a significant boost to the valuable and politically important write-off.
'$30,000 is fine for me,' the New Jersey Republican said Thursday, referring to the SALT cap for individuals. 'That's where I think it ends up, by the way.'
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