‘No SALT, no deal’: Pelosi has little room to spare after Democrats demand tax break for wealthy

‘No SALT, no deal’: Pelosi has little room to spare after Democrats demand tax break for wealthy
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Three Democratic lawmakers have drawn a line in the sand for President Joe Biden, demanding that the full deduction for state and local taxes paid be reinstated as part of fiscal legislation.
Reps. Bill Pascrell and Josh Gottheimer of New Jersey and Rep. Tom Suozzi of New York have said they will not vote for any proposed changes to the tax code unless the deduction, which is known as the “SALT” deduction and largely benefits …

The post ‘No SALT, no deal’: Pelosi has little room to spare after Democrats demand tax break for wealthy appeared first on Populist Press 2021 ©.

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