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“SALT “, Revision likely to be Dropped from Bill, say Senate Democrats

Josh Gottheimer

the staff of the Ridgewood blog

Washington DC, Senate Democrats say a proposal to raise the cap on state and local tax (SALT) deductions, a top priority of Senate Majority Leader Charles Schumer (D-N.Y.), and very popular in high tax New Jersey is likely to be cut from the revised “Build Back Better Act”.   

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