SALT lawmakers trek to lobby Trump for cap ease

Lawmakers Talk SALT with Trump

President-elect Donald Trump and members of Congress representing high-tax states discussed indexing the state-and-local tax deduction cap so it would increase each year along with the standard deduction, according to Rep. Nicole Malliotakis (R-N.Y.), a member of the Ways and Means Committee who attended the meeting.

“He understood that that was a problem and seemed willing to work with us to address it,” Malliotakis said in an interview Sunday.

The proposal was one of a handful discussed during the Saturday dinner at Trump’s Mar-a-Lago estate as lawmakers try to address one of the thornier issues ...