Democrats take final swipe at SALT cap before year’s end

HOUSE DEMOCRATS are seeking to raise the SALT cap to $20,000 for married couples in 2019, before repealing it fully in 2020 and 2021 via legislation. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
HOUSE DEMOCRATS are seeking to raise the SALT cap to $20,000 for married couples in 2019, before repealing it fully in 2020 and 2021 via legislation. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
WASHINGTON – House Democrats are making a last-ditch bid to reverse the $10,000 cap on state and local tax deductions before year’s end. But they’ll likely need to renew their efforts in 2020 - or beyond - because the legislation has no chance of becoming law this year. Democrats in Congress, governor’s mansions and state…

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