Description
Why is the party of "Tax the Rich" including a repeal of SALT?
SALT was a Trump, IRS law that capped the amount of state and local tax that could be deducted from Federal Taxes. This added to Federal revenues collected.
Included in the revised $1.75 Trillion bill the Democrats are now proposing is a repeal of SALT, which in effect gives The 1% a tax break.
You have to love political hypocrisy!
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