THE PROPOSAL: Eliminate the cap on the SALT deduction.
RATIONALE: It is fundamentally unfair to tax someone on money he is legally required, by no fault of his own, to pay to another government. The cap was only imposed in an inappropriate effort to force wealthy people in blue states to vote against Democrats.
REBUTTAL: Eliminating the cap only benefits a bunch of wealthy people in blue states. It isn’t progressive.
ANALYSIS: The proponents of this reform have all the leverage they need; they can tank the entire bill if they don’t get what they want. Do they have the nerve to use it against their red state colleagues? TBD.
PROGNOSIS: Compromise. The cap is increased but not eliminated.