White House unlikely to support SALT cap hikes as tax fight looms
A second term for President Joe Biden would mean focusing on higher taxes for corporations and billionaires, says top economic advisor.
New Yorkers and Californians seeking a big expansion to the state and local tax deduction when Congress debates a renewal of Donald Trump’s tax cuts next year are unlikely to see their wishes granted, President Joe Biden’s top economic adviser said.
“The president has made it very clear he
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