Trump’s 'one big beautiful' bill passes ‘SALT’ deduction limit of $40,000. Here’s who benefits
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币界网报道：Former President Donald Trump proposed a new tax plan called the "Big Beautiful Bill" that would restore full state and local tax (SALT) deductions, aiming to appeal to suburban voters in high-tax states. The plan, announced at a New Jersey rally, would eliminate the $10,000 cap on SALT deductions implemented under his 2017 tax law. Critics argue this reversal contradicts Republican fiscal principles, while supporters claim it provides middle-class relief. Analysts note the move could boost Trump's 2024 campaign in key swing states but may face resistance from fiscal conservatives in Congress. The proposal lacks specific funding details, raising questions about its impact on federal revenue.
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