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The Future of the SALT Deduction: Jonathan Williams in The Epoch Times
The issue surrounding the state and local tax deduction is one of the big sticking points right now in the debate.
ALEC President and Chief Economist Jonathan Williams spoke with Emel Akan of The Epoch Times about the fate of the SALT deduction cap as a major flashpoint in the ongoing tax negotiations.
“The issue surrounding the state and local tax deduction is one of the big sticking points right now in the debate, especially in the U.S. House,” Jonathan Williams, president and chief economist of the American Legislative Exchange Council, told The Epoch Times.
Trump advisers have shown support for raising the SALT cap to $20,000 for married couples filing jointly.
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This could be a potential compromise, Williams said.