FOX BIZ NEWS: Democrats push tax break for high-income earners in last-minute social spending package revision


Democrats push tax break for high-income earners in last-minute social spending package revision



In a late Thursday night revision to President Biden’s social spending package, Democrats included a provision that would raise the itemized deduction cap for state and local taxes (SALT), a move analysts argue will only benefit high-income earners.

via FOX BUSINESS NEWS https://ift.tt/nAXHzsy

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from The Indian Express https://ift.tt/HLgSPev