Jeffries: Best way to approach SALT is to do nothing and the cap 'goes away'
House Minority Leader Hakeem Jeffries (D-N.Y.) is roasting Republicans as they joust internally for a deal on the state and local tax (SALT) deduction cap.
Jeffries said if Republicans were serious about helping taxpayers in high-income states, the solution is simple: Do nothing and let the cap expire, as scheduled, at year’s end.
“If nothing happens — if there is nothing done with respect to the state and local tax deduction cap by the end of the year — you know what happens? It goes away,” Jeffries told reporters in the Capitol. “So anything that........
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