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Reply to "Is there any momentum to increase SALT limit"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it should be capped at 20k not 10k. 20k is reasonable. More is unreasonable.[/quote] Nope. For once a tax that only affects the top 10% was put in place and is now benefiting the country. It should stay at $10k or even cut in half [/quote] Except those running “small businesses” can claim the excess tax through their businesses. There’s always a loophole. [b]It hurts middle class families in high tax states the most[/b] [/quote] That was the intent. And then you now see all these Florida license plates driving around the nice private schools in Bethesda and DC. That was the intended result. It’s all going to plan. The problem now is that Congress is addicted to the SALT cap in order to pass budget scoring by the CBO. If they let SALT expire, it’s going to make budget scoring more difficult. [/quote]
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