Will the SALT Tax Deduction Limitation in the United States be changed by Congressional action before the end of 2024?
34
1kṀ16kresolved Jan 1
Resolved
NO1H
6H
1D
1W
1M
ALL
This would be a change to the State and Local Income Tax Deduction Limitation which is currently $10,000.
Indexing to inflation, changing the amount, elimination or other modification would all count for a YES.
Minor changes to wording that only change things on the margin would not qualify and I will try to update what proposals would not qualify - the basis for this is that some editorial change that has limited practical effect should not count for a YES
Bill must be passed and signed by President before 12/31/2024. Change does not have to go into effect in 2024.
This question is managed and resolved by Manifold.
Get 
1,000 to start trading!
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ309 | |
| 2 | Ṁ240 | |
| 3 | Ṁ134 | |
| 4 | Ṁ126 | |
| 5 | Ṁ102 |
People are also trading
Related questions
Will Congress extend the cap on SALT deductions by the end of 2025?
53% chance
Will Congress extend the cap on SALT deductions by the end of 2025?
69% chance
Will the SALT Tax Deduction Limitation be at least X for a taxpayer filing Y for a given Tax Year?
Will Congress extend lower tax rates for individuals by the end of 2025?
67% chance
Will Congress extend lower tax rates for individuals by the end of 2025?
71% chance
Will the US continue to use a Standard Deduction in determining income tax by end of 2030?
87% chance
Will Congress extend or increase Child Tax Credit by the end of 2025?
93% chance
Will Congress extend or increase Child Tax Credit by the end of 2025?
88% chance
Will there be taxes on "unrealized" capital gains in the US by the end of 2025?
3% chance
Will long-term capital gains tax rate (federal) be increased in the US by the end of 2026?
25% chance