The House has passed the bill increasing the SALT cap to $40,000 for those earning up to $500,000, the Senate has only proposed a temporary increase to $40,000 with a reversion to $10,000 after 2029, and no final agreement has been reached.
SUNDAY COMMENTS
The House has passed the bill increasing the SALT cap to $40,000 for those earning up to $500,000, the Senate has only proposed a temporary increase to $40,000 with a reversion to $10,000 after 2029, and no final agreement has been reached.