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Tuesday, May 4, 2021

Dems push for SALT cap relax, repeal would largely benefit the wealthiest, study shows


Dems push for SALT cap relax, repeal would largely benefit the wealthiest, study shows



Some Democrats are pushing President Biden to eliminate or relax the $10,000 cap on state and local tax deductions, but a new analysis shows that the changes proposed will largely benefit earners on the higher-end of the income spectrum.

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