U.S. House Democrats seek to end cap on state, local tax deduction


Reuters | Washington DC | Updated: 13-09-2021 21:26 IST | Created: 13-09-2021 21:26 IST
U.S. House Democrats seek to end cap on state, local tax deduction
  • Country:
  • United States

Democrats in the U.S. House of Representatives on Monday said they were continuing to work on legislation that would "undo" a cap on state and local tax deductions imposed by Republicans' 2017 tax reform law.

"We are committed to enacting a law that will include meaningful SALT relief that is so essential to our middle-class communities," House Ways and Means Committee Chairman Richard Neal said in a statement.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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