Blue-state Republicans left a meeting with President-elect Donald Trump confident in his support of raising the $10,000 cap on state and local tax deductions, increasing the likelihood Congress will raise the limit in tax legislation this year.
Trump’s backing for raising the so-called SALT cap will be key to smoothing over possible objections from others in the Republican conference representing lower-tax states, who are content to leave the limit in place. The cap was imposed by the 2017 tax legislation Trump signed into law to bring down the cost of the $1.5 trillion measure, but the president-elect has since changed his tune on the provision.
House members from New York, New Jersey and California left Saturday’s meeting with Trump at his Mar-a-Lago resort in Palm Beach, Fla., with instructions to reach an agreement on a higher cap that’s targeted to provide relief for middle-income taxpayers.
