Wed, January 8, 2025
[ Wed, Jan 08th 2025 ]: MSN
Off The Rails And Off To The Races
Tue, January 7, 2025

Trump plans meeting with SALT-focused Republicans - report

The article from MSN discusses former President Donald Trump's planned meeting with Republican lawmakers focused on addressing the State and Local Tax (SALT) deduction cap. This cap, set at $10,000, was part of the 2017 Tax Cuts and Jobs Act, which Trump signed into law. The meeting aims to explore potential changes to this cap, which has been a point of contention, particularly in high-tax states like New York and New Jersey. These states argue that the cap disproportionately affects their residents. The article mentions that while Trump has not publicly committed to altering the cap, his engagement with the issue could signal a shift in policy, especially as he considers his political future and the needs of his voter base in these key states.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/trump-plans-meeting-with-salt-focused-republicans-report/ar-AA1x85jv ]