The scaled-back spending package Democrats are wrangling over in Washington could still include a measure to expand or temporarily remove the cap on the federal deduction on state and local taxes.
House Ways and Means Committee Chair Richard Neal said addressing the $10,000 limit imposed by Republicans in their 2017 tax overhaul is still on the table. “Yes, it has to be,” Neal said when asked about it Wednesday.
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October 20, 2021 at 09:07PM
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SALT Cap Changes Are in Still in Play, Ways & Means Chair Richard Neal Says - Bloomberg
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