Sen. Bernie Sanders of Vermont.Anna Moneymaker/Getty Images Sanders indicated on Wednesday that a big tax handout to the rich was getting dropped. But other Democrats pushed back and said "not so fast." At least three House Democrats are threatening to oppose Build Back Better if SALT is scrapped. Sen. Bernie Sanders of Vermont said Wednesday that a big tax break for the wealthy was out of Democrats' Build Back Better plan, and almost immediately triggered a wave of resistance from moderates who argued the issue was far from settled.The issue at hand is the $10,000 limit on the amount of state and local taxes that people can deduct from their annual bills, known as SALT.

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    04/24/2024 - 12:03 am | View Link
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