Will Congress extend the cap on SALT deductions by the end of 2025?
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Update 2025-05-11 (PST) (AI summary of creator comment): The creator has clarified the conditions under which an extension of the cap on SALT deductions will lead to a YES resolution. The extended cap must be either:
The current $10,000 cap.
A cap that is lower than $10,000 AND similarly structured to the current $10,000 cap.
An extension of a cap that does not meet these criteria will lead to a NO resolution. For example, this would include:
A cap set higher than $10,000.
A cap set at $10,000 but with a structure significantly different from the current $10,000 cap.
A cap set lower than $10,000 but not similarly structured to the current $10,000 cap.
This question is managed and resolved by Manifold.
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