With two days back from recess under their belts, House tax writers are starting to strategize.
Negotiations about changing the tax law’s $10,000 cap on state and local deductions and crafting a clean energy tax package are likely in the coming weeks.
SALT: Changing the SALT limit opens Democrats up to some tricky politics. Fully restoring the deduction could be seen as a handout to the wealthy. And Republicans are loath to adjust such a prominent component of the tax law.
Ways and Means will likely decide Thursday whether to mark up a bill altering the cap,...