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Republican leaders made major last-minute changes to the tax and spending megabill that passed early Thursday. In most cases, the bill was altered to win the votes of holdout members of the party.
Here’s the rundown of significant late alterations made to secure passage of the bill, which would enact much of President Donald Trump’s domestic agenda.
The bill increased households’ ability to deduct state and local taxes from their federal taxable income. This revision was made to win over Republicans from high-tax states, such as Rep. Mike Lawler (NY), who had insisted on lifting a $10,000 cap on SALT deductions, which was implemented as part of the 2017 GOP tax overhaul.
Initially, the GOP megabill introduced earlier this month raised the cap to $15,000 for individuals and $30,000 for couples. The added cap would have phased down for couples earning more than $400,000.
The revised version lifts the cap to $20,000 for individuals and $40,000 for couples, and implements a phase-down starting at $500,000 for couples.
