Trump and GOP Lawmakers Push for Higher SALT Deduction Cap

President-elect Trump signals support for raising the SALT cap as Republicans weigh relief measures for high-tax states like New York and California.

President-elect Donald Trump met with Republican lawmakers from high-tax states to discuss raising the $10,000 SALT deduction cap implemented under the 2017 tax law.
Trump expressed his commitment to working with lawmakers on a higher cap to provide relief for middle-income taxpayers, with proposed ranges between $20,000 and $60,000 under consideration.
Representative Mike Lawler has introduced legislation advocating for a $100,000 SALT cap for individuals and $200,000 for married couples, though compromises are being explored.
Lawmakers are also evaluating revenue-raising offsets, such as closing corporate tax loopholes, to ensure fiscal viability for the proposed changes.
The discussions come as Republicans prepare broader tax and budget legislation, balancing SALT relief with spending cuts and debt limit negotiations.