This was a key issue for Pelosi, who opposed Trump’s limits on SALT.
The Democrats have become the true party of the rich.
They need this so blue states stop bleeding the wealthy to other states. Blue state tax bases are declining rapidly.
So, do the rats go back to NY and Kalifornia?
Worst part is that removing the SALT cap takes away any incentive for state and local pols to control spending.
BTW, it’s not just the rich getting screwed in NYS.
We know middle class home owners of existing homes under 2,000 sq ft and worth less than two hundred grand who are paying in the high four figures annually.
Lifting the SALT cap won’t help them, either.