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flag Senate Republicans debate raising the SALT deduction cap, splitting lawmakers and affecting high-tax states.

flag Senate Republicans are considering changes to the State and Local Tax (SALT) deduction cap in the tax legislation, which has caused tension among lawmakers. flag The House's proposal to raise the cap to $40,000 is seen as too high by some Senate Republicans, who aim to lower it. flag This issue is particularly sensitive for Republicans from high-tax states like New York and California, who argue that any reduction could harm their constituents. flag The exact cap amount is still under debate, with the current law setting it at $10,000. flag The amendment is part of broader efforts to revise the 2017 Tax Cuts and Jobs Act.

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