SALT Increase Gets Boost From House Freedom Caucus Leader (1)

The head of the conservative House Freedom Caucus predicted Monday that Congress will raise the $10,000 cap on the state and local tax deduction, a sign that deficit hawks will not stand in the way of SALT changes later this year.

“We will do something on it, there is no question about it,” Maryland Representative Andy Harris said on the Fox Business network.

Harris said Congress will surely double the deduction for joint filers to $20,000, eliminating the current so-called marriage penalty because the deduction is capped at $10,000 whether it’s a single taxpayer or a couple. He added that ...