SALT caucus spurns key corporate offset for larger tax deduction

Published



Rep. Nick LaLota (R-NY) said that members of a Republican voting bloc united in increasing the cap on state and local tax deductions don’t want to change the corporate SALT deduction to pay for doing so.

That stance narrows the path for Republicans to find compromise on SALT, one of the major sticking points as they work to pass a major tax and spending bill.

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