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A key piece of Trump’s new tax proposal targets the SALT deduction cap. Here’s what could shift — and what it might mean for taxpayers across the country.
Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. When President Trump signed the Tax Cuts and Jobs Act in 2017, it included a $10,000 cap on state and local tax (SALT) deductions that particularly affected residents of high-tax states. Now…
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