What Is The Salt Cap Tax 2025. The state and local tax deduction limitation (salt cap) has become a focal point of tax policy debate ahead of its scheduled sunset at the end of 2025. The movement to roll back limits on how much state and local taxes americans can deduct on their federal returns took a hit wednesday when a vote to advance a salt.
No, the salt caucus has a more structural advantage โ the $10,000 cap expires entirely if the gop canโt find a way to extend the temporary provisions from the tax cuts and. The state and local tax deduction limitation (salt cap) has become a focal point of tax policy debate ahead of its scheduled sunset at the end of 2025.