US EditionNew York Republican floats higher tax rate to pay for SALT
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New York Republican floats higher tax rate to pay for SALT
A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of raising the top rate for high earners to help pay for President Donald Trump’s tax cuts — and to get the stalled legislation moving. “The One Big Beautiful Bill has stalled — and it needs wind in its sails,” New York Representative Nick LaLota posted Saturday on X. “Allowing the top tax rate to expire —returning from 37% to 39.6…
·New York, United States
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