House passes restored ‘SALT’ deduction bill
Posted on AllSides December 20th, 2019
From The Center
House Democrats dealt a symbolic blow to Republicans’ tax code overhaul Thursday on the two-year anniversary of that law’s passage.
On a mostly party-line vote of 218-206, the House passed a bill that would make good on a top Democratic tax priority: lifting a $10,000 limit on state and local tax deductions, known as SALT. It was amended to prevent households earning more than $100 million from claiming unlimited deductions, however, after a procedural motion offered by Republicans won enough bipartisan support.
