House GOP Debates Trump�s $3.7T Tax Plan, Faces $4.5T Limit and SALT Changes

House Republican tax plan debate kicks off

The House Republican debate over President Donald Trump�s tax agenda has kicked off.

An early version of the House Ways and Means tax bill would cost about $3.7 trillion over 10 years, according to estimates from the Joint Committee on Taxation.

With a $4.5 trillion limit, there could be significant changes, including for the cap on the deduction for state and local taxes, known as SALT, among other provisions.

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