Negotiations over the future of the fraught state and local tax deduction are looking more and more like a game of chicken.
Senators want to lower the House’s $40,000 cap on the SALT deduction.
“We’re going to find, I think, hopefully, someplace right in the middle that both sides can live with,” Sen. Markwayne Mullin, who has been the main liaison between the upper chamber and the House members on SALT, told reporters this week.