Republicans considering big boost to cap on federal deduction for state and local taxes

Republicans considering big boost to cap on federal deduction for state and local taxes

April 30, 2025 / Swedan Margen /

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Republicans considering big boost to cap on federal deduction for state and local taxes
House Republicans are discussing a significant increase to the $10,000 cap on the federal tax deduction for state and local taxes in a bid to keep blue state GOP lawmakers on board with a broader tax and spending bill.

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Swedan Margen

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