Topic: Salt Cap

1 chapters across the catalog

Local Jamoke
Episode 1753 40:36 - 43:08

1753: Local Jamoke

Senate Republican Tax Cut Package and SALT Deductions

Senate Republicans are preparing a tax cut package that includes extending the 2017 Tax Cuts and Jobs Act and introducing incentives like "No Tax on Tips." Democrats have criticized the plan, alleging it will be funded by cuts to social services like Medicaid. House Speaker Mike Johnson aims to pass the bill within months, despite holding a very slim majority in Congress.