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applegrove

(123,919 posts) Thu Jan 16, 2025, 11:20 PM 9 hrs ago

Five Republicans Threaten to Derail Trump's Tax Cuts

Five Republicans Threaten to Derail Trump’s Tax Cuts

January 16, 2025 at 1:09 pm EST By Taegan Goddard 59 Comments

https://politicalwire.com/2025/01/16/five-republicans-threaten-to-derail-trumps-tax-cuts/

"SNIP..............

“An influential group of five House Republicans from high-tax states is threatening to hold up a major tax package that is a top priority for President-elect Donald Trump unless they get a significant boost to the amount that their constituents can deduct from federal income taxes to reflect state and local taxes already paid,” CNBC reports.

“As negotiations over a major tax cuts bill get underway, they are also drawing a firm line: Simply doubling the maximum allowed deduction from the current $10,000 cap to $20,000, they say, is not enough.”

..............SNIP"

2 replies

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Five Republicans Threaten to Derail Trump's Tax Cuts (Original Post) applegrove 9 hrs ago OP

There might be problems in the Senate, too, starting with Jack Valentino 9 hrs ago #1

Getting Trump to ditch his SALT cap might be difficult. no_hypocrisy 3 hrs ago #2

Jack Valentino

(1,567 posts)

1. There might be problems in the Senate, too, starting with

Reply to applegrove (Original post)

Thu Jan 16, 2025, 11:28 PM

9 hrs ago

Senator Rand....

no_hypocrisy

(49,501 posts)

2. Getting Trump to ditch his SALT cap might be difficult.

Reply to applegrove (Original post)

Fri Jan 17, 2025, 05:20 AM

3 hrs ago

Congress couldn't give a damn.

But Trump likes it because it hurts taxpayers in Blue States. He would be reluctant to give it up and he believes that he can muscle any recalcitrant Republican (excuse the alliteration) into voting for his tax cuts.

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