Congress again trying to find a way to put back in the SALT tax exemption they lost under Trump.
Won't be 'taxing the rich' if this goes thru.
https://www.cnbc.com/2021/11/05/house-democrat-plan-bumps-state-and-local-tax-cap-to-80000-till-2030.html
Last-minute House Democrat plan bumps state and local tax cap to $80,000 through 2030
Published Fri, Nov 5 20218:56 AM EDT
Points
House Democrats late Thursday altered their spending package by changing the deduction limit on state and local taxes to $80,000 through 2030.
The proposed write-off may primarily benefit higher earners, according to the Tax Policy Center.