Democrats want to increase the $10,000 cap on federal tax relief but critics say it will benefit wealthier Americans.
This has been a sore point for those living in high-tax states such as New York, New Jersey and California. But as part of a social spending package, House Democrats have proposed to raise the cap to $80,000 to 2030, before bringing it back to $10,000 in 2031 and then expiring.
However, economists and some lawmakers have pointed to how it would help wealthier Americans, who Democrats are targeting to foot more of the bill for their social spending plan. Among them is Pelosi's 12th congressional district where the average SALT paid by households claiming a deduction is $62,769—well under the $80,000 cap, meaning the measure could deliver significant deductions to her constituents.
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