Top Tax Rate In NYC Would Be 61.2%, 59.7% In California Under House Dems' New Tax Plan
Update (1130ET): At least one influential Democratic lawmaker is claiming that the leadership has promised to kill the SALT deduction cap as part of Biden's newly revised budget plan.
Despite it not being included in the outline released by House Ways and Means earlier today, New York Rep. Tom Suozzi has just released a statement claiming that the leadership have committed to removing the cap for SALT deductions.
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