Republicans threaten Trump's agenda over state, local tax deduction
A group of Republicans is threatening to block President Trump's fiscal agenda due to disagreements over the state and local tax (SALT) deduction. This could significantly impact the passage of the administration's tax bill. These Republicans, representing high-tax states, want to lift the $10,000 limit on SALT deductions imposed in 2017. They are prepared to vote against the bill if their demands are not met, potentially derailing the entire package. The SALT deduction has historically caused political conflict. The lawmakers' stance highlights the ongoing tension between different factions within the Republican party regarding tax policy and its impact on various states.