SALT tax deduction: Here’s why a red-wave election could threaten taxpayer relief

By / / Finance / 1 minute of reading



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The attempted assassination of former President Donald Trump on Saturday has increased the chances of a so-called red-wave election in November, analysts say, potentially giving Republicans the ability to make sweeping changes to the tax code in 2025.



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Avatar of Shana Hull
Shana Hull is a professional writer, editor, and interviewer. She's written for a variety of publications in the arts, construction, automotive, travel, real estate, and fashion industries. Shana has also worked as a content strategist for several companies in the finance and technology sectors.

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