Rich Democratic lawmakers stand to benefit from the SALT tax cuts

May 18, 2021

CONTENT - By Emma Rindlisbacher, includes “Democrats are threatening to hold up President Joe Biden’s signature infrastructure plan, which relies heavily on tax increases, in the hopes that Biden will eliminate the cap on the state and local tax (SALT) deduction. Leading the charge is the bipartisan SALT Caucus, a group of US representatives who mostly represent wealthy districts in blue states.”

Read the full article on: Jacobin Magazine

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