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💰 SALT Deduction Cap: Why It Matters and Who Really Benefits
Heard of the SALT deduction fight? It’s not about seasoning — it’s about billions.
Blue-state homeowners want the cap lifted.
Critics say it’s a tax break for the wealthy.
Middle-class families are caught in the political crossfire.
Here's why this one deduction could swing budgets and ballots. Spoiler: It's more than just taxes — it's about fairness.
📊 Do you think the SALT cap should stay? 📎 Full post
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Some lawmakers say it’s time to end or increase the $10,000 cap on state and local tax deductions, and President Trump seems to agree.
SALT Cap Repeal? What to Expect in 2025 Tax Reform
Some lawmakers say it’s time to end or increase the $10,000 cap on state and local tax deductions, and President Trump seems to agree.
A growing number of states are using a workaround to help their taxpayers avoid a Trump-era cap on a critical income tax break.
How States Are Letting Small Businesses Avoid The SALT Cap On Their Tax Returns (Forbes) - A growing number of states are using a workaround to help their taxpayers avoid a Trump-era cap on a critical income tax break...Colorado recently became the 14th state to enact the new workaroundÂ
