A handful of House Republicans are threatening to torpedo the Trump Big Beautiful Bill even though the average resident in their district would pay almost $3,000 MORE in taxes next year if they go forward with the threat.
This makes no sense. They are willing to raise taxes on more than 85% of their residents, in order to deliver a big tax break for their richest constituents.
The leader of the House SALT caucus, Mike Lawler of New York, would allow taxes for his voters to rise by $3,500 for every tax filer in his district!
The compromise is to raise the salt deduction from $10,000 to $20,000. The SALT Republicans want a $40,000 cap. NO WAY!