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News Alert: Democratic worries grow over politics of SALT cap

News Alert: Democratic worries grow over politics of SALT cap 1

 

 
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Democratic worries grow over politics of SALT cap
Democratic concerns are mounting that a tax provision in President Biden’s social spending package that is prized by suburban lawmakers from New York and New Jersey could come back to haunt the party in the midterm elections.

Republicans are increasingly attacking Democrats for rolling back the $10,000 cap on the state and local tax (SALT) deduction, arguing it will largely benefit the rich. A number of Democrats are fearful that the GOP criticisms could resonate with voters in areas outside of large coastal metropolitan areas.

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