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re: Expiration of “Trump” tax cuts

Posted on 5/7/24 at 4:40 pm to
Posted by BlackAdam
Member since Jan 2016
6466 posts
Posted on 5/7/24 at 4:40 pm to
quote:

This is why Democrats would probably not support it. SALT deductions are big in high tax states, so for their voter interests it's their calculation that letting taxes go up by letting those sunset, BUT also getting the SALT back is a net win for them.


Republicans should be pushing for SALT to be 100% non deductible and call the deduction what it is, a massive tax break for the 1%.
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