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Republicans considering big boost to cap on federal deduction for state and local taxes

By Swedan Margen

Republicans considering big boost to cap on federal deduction for state and local taxes

House Republicans are discussing a significant increase to the $10,000 cap on the federal tax deduction for state and local taxes in a bid to keep blue state GOP lawmakers on board with a broader tax and spending bill.

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Republicans considering big boost to cap on federal deduction for state and local taxes - GQ British Lifestyle