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House votes to temporarily repeal Trump SALT deduction cap

Source: https://thehill.com/policy/finance/475352-house-votes-to-temporarily-repeal-trump-salt-deduction-cap - Dec 19, 2019

The House on Thursday voted to temporarily repeal much of the GOP tax law's cap on the state and local tax (SALT) deduction, a key priority for many Democrats.

The bill passed on a near party line vote of 218-206.

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Category: General Business