Trump created the controversial $10,000 SALT deduction cap. Now he wants to end it.
Former President Donald Trump is considering reversing a tax measure that raised taxes for many U.S. homeowners during his administration. He is proposing to eliminate the $10,000 cap on deducting state and local taxes (SALT), which was part of the 2017 Tax Cuts and Jobs Act. Trump’s proposal comes as he is pitching additional tax…
