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House Republicans Push to Raise SALT Deduction Cap in Trump’s New Tax Plan

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the staff of the Ridgewood blog

Ridgewood NJ, as Congress debates President Donald Trump’s proposed tax and spending package, House Republicans are making a renewed push to raise the limit on the state and local tax (SALT) deduction, a move that could significantly impact taxpayers in high-tax states like New Jersey, New York, California, and Illinois.

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