A band of House conservatives tanked a procedural vote on Wednesday to advance a bill pertaining to the state and local tax (SALT) deduction, dealing a blow to moderate New York Republicans who have pushed for a vote on the legislation. Eighteen conservatives joined Democrats in opposing the rule to advance the SALT bill and…
The vocal advocates for reforms to state and local tax (SALT) deductions have often been able to garner plenty of attention for their cause but have proven markedly less able to get their demands enacted into law.
Republicans in the House have proposed H.R. 7160, the SALT Marriage Penalty Elimination Act, which would double the cap on the state & local tax deduction (SALT).
New York Republican moderates received a commitment from GOP leadership to work on advancing legislation to address the state and local tax deduction (SALT) after a group of those Empire State lawmakers threatened to block legislative action over the issue. Two sources initially told The Hill that the lawmakers and leadership struck an agreement to…