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Trump Advisors Renege on SALT Tax No-Cap Promise from THE CITY - All RSS feed.

Trump Advisors Renege on SALT Tax No-Cap Promise

Billionaire’s Row glimmered at night above Sheep Meadow in Central Park.

When then-candidate Donald Trump told a Long Island rally in September that he wanted to lift the $10,000 cap on state and local (SALT) deductions for federal income taxes, New York officials foresaw a windfall that could boost state coffers and keep wealthy taxpayers from leaving. Republican representatives in the state like Mike Lawler centered […]

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