Republican senators are considering lowering the SALT deduction cap to $30,000 in search of a tax law compromise.

[Mining Coin] A key Republican negotiator stated that Republican senators are considering setting a cap of $30,000 on the state and local tax (SALT) deduction as a compromise between the current law and the more generous limits of the House version of the Trump tax plan. Moderate Republican Senator Thom Tillis, who is participating in the negotiations, indicated that Republican senators are trying to lower the $40,000 SALT cap passed by the House to at least $30,000.