Pelosi backs removing deduction cap on state and local taxes ...Middle East

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Pelosi backs removing deduction cap on state and local taxes
House Speaker Nancy Pelosi said on Thursday she supports and is “sympathetic” to a push by some Democrats to remove a controversial $10,000 federal cap on deducting state and local taxes, an issue in high-tax blue states such as New York and New Jersey. Saying the limits were part of ...

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