Trump, who signed bill to cap SALT tax deduction, now says he'd lift it if elected

Posted on AllSides September 18th, 2024
From The Center

Donald Trump has pledged to lift the controversial $10,000 cap on state and local tax deductions, also known as SALT, if he were reelected on Nov. 5. “I will turn it around, get SALT back, lower your taxes, and so much more,” Trump said on the social media platform Truth Social ahead of a Wednesday rally on Long Island. As president, Trump was the one who signed a sweeping tax law in 2017 which set the SALT cap at $10,000, a move that critics say targeted Democratic-leaning states with high...

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https://northjersey.com/story/news/2024/09/18/trump-who-capped-salt-deduction-says-he-would-lift-it-if-elected/75275191007

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