Pro-SALT Republicans to Debate Deduction Increase on Wednesday

Republican lawmakers pushing for the expansion of the state and local tax deduction in President Donald Trump’s economic package are slated to meet with House Speaker Mike Johnson to get specific about how much to increase the $10,000 cap on the write-off.

The meeting, set for Wednesday afternoon, comes as Republicans are beginning to craft the tax cuts and spending reductions they plan to pass in the coming months.

Representative Young Kim, a California Republican, said that Republicans “are still in negotiation” on how high to increase the dollar-limit on SALT deductions.

Yet the meeting may be one ...