House Democrats propose eliminating $10,000 limit on state and local tax deductions
New York, New York
E+ | Getty ImagesThere are three weeks left in the year, and House Democrats are taking a last shot at ending the $10,000 limit on state and local tax deductions.
Rep. Thomas Suozzi, D-N.Y, along with Reps. Bill Pascrell, D-N.J., and Mike Thompson, D-Calif., proposed the “Restoring Tax Fairness for States and Localities Act.”
The measure is scheduled for markup by the House…