As some Democratic lawmakers from high-tax states keep pushing for their party’s $3.5 trillion spending plan to include what’s been called SALT relief, one problem has been the cost of such relief.
As some Democratic lawmakers from high-tax states keep pushing for their party’s $3.5 trillion spending plan to include what’s been called SALT relief, one stumbling block has been the cost of such relief.
“It is too early to say with certainty if this gets enacted as part of the package. But it seems like the type of deal that Congress cuts when putting these packages together. It is why we see a real risk that it is included,” Seiberg added. Any revenue generated from a bank-reporting measure could help pay for a SALT fix, said a Bloomberg report.
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