Trump Pledges to Restore SALT Tax Deduction

Donald Trump has recently pledged to restore the state and local tax (SALT) deduction, which he capped at $10,000 during his presidency, a move aimed at appealing to voters in high-tax states like New York. This announcement has put Republican lawmakers in a difficult position, forcing them to reconcile their previous stances with Trump's evolving tax policy. Vulnerable GOP representatives in blue-state districts are seizing the opportunity to leverage Trump’s commitment to regain support from swing voters. Meanwhile, Democrats argue that eliminating the SALT cap would disproportionately benefit the wealthy, contradicting Trump's populist image. The SALT cap is set to expire in 2025, and the discussion around its potential repeal is heating up among both parties. Trump's shifting stance on SALT reflects broader tensions within the GOP as they navigate tax policy ahead of the upcoming elections.