SALT Deduction Threatens Trump's Tax Bill | JQJO

President Trump's "One Big Beautiful Bill," facing Republican infighting, hinges on the SALT deduction. The 2017 tax law capped the State and Local Tax deduction at $10,000, creating tension between Republicans from high-tax states and fiscal conservatives. Trump, who initially supported the cap, now wants to raise it, causing division within his own party. Some Republicans oppose increasing the cap due to budgetary concerns and the belief it benefits wealthier taxpayers. The bill's future remains uncertain as negotiations continue.