Re:Tesla’s headquarters will move to Austin
by thebradbain on Friday October 08, 2021 @08:45AM
(#28798574)
Well, it appears you may be right, there. As of last month, I read the consensus was Democrats wanted SALT repealed. It looks like that won’t be the case now, as the spending plan gets whittled down — now it’s looking more like a raised limit, at most.
Previously: https://www.google.com/amp/s/www.cnbc.com/amp/2021/09/08/mod...
What's your basis for this belief? My understanding around Biden's tax plans was that the SALT deduction cap would likely remain at $10k.
Just did a quick search for recent news, and nearly all of what I'm reading is doom-and-gloom around the possibility that the SALT deduction cap will be repealed. Which makes sense, since that would lower tax revenue, and that's not something politically palatable with the Dems trying to push through multi-trillion dollar infrastructure spending.