House Republicans Target More Tax Cuts as Elections Near - McDermott Will & Emery

House Republicans Target More Tax Cuts as Elections Near

Overview


David Noren said that if a proposed second round of tax cuts makes individual tax cuts permanent, but scales back or eliminates the SALT deduction cap, the amount added to the deficit could rise. “If this were likely to be enacted in the near term, those numbers would be difficult to square,” he said.