Trump wants to eliminate the $10,000 SALT deduction cap he created (1 Viewer)

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    Former President Donald Trump, an avowed proponent of tax cuts, is floating the idea of reversing a measure passed during his tenure in the White House that effectively raised taxes for many U.S. homeowners.

    In a post Tuesday on Truth Social, Trump suggested he would scrap a $10,000 cap on deducting state and local taxes (SALT) that was passed as part of the 2017 Tax Cuts and Jobs Act — a massive revamp that he has said boosted economic growth.

    Now, in the run-up to the November election, Trump said in the post he would "get SALT back, lower your...

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