House GOP tax bill calls for 'SALT' deduction cap of $30,000 for most taxpayers. Here's who could benefit

Contributing sentiments towards policy:

54% : Currently, if you itemize tax breaks, you can't deduct more than $10,000 in levies paid to state and local governments, including income and property taxes.
39% : More from Personal Finance: Trump's tax cuts: The key issues and who stands to benefit Changes for Social Security beneficiaries to monitor under new agency leadership With foreign tourists boycotting the U.S., businesses brace for falling sales Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there's a $10,000 limit on the federal deduction on state and local taxes, known as SALT, which will sunset after 2025 without action from Congress.

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