How much will the SALT tax cap deduction be raised to in 2025?

How much will the SALT tax cap deduction be raised to in 2025?

$20,000 or above

Yes

$20,000 or above

Yes

$30,000 or above

Yes

$30,000 or above

Yes

$40,000 or above

Yes

$40,000 or above

Yes

3 more

Market Rules

$15,000 or above

The outcome is Yes

If a bill becomes law that raises the maximum amount that at least some class of taxpayer can deduct state and local taxes paid from their federal income taxes to at least $15,000 before Dec 31, 2025, then the market resolves to Yes. Outcome verified from Library of Congress.

Timeline and payout

Market openJan 4, 2025 · 10:00am EST

Market closedAfter the outcome occurs

Paid out30 minutes after closing

This market will close and expire early if the event occurs. Otherwise, it closes by Jul 7, 2025 at 10:35am EDT.

SeriesKXSALT

EventKXSALT-25

MarketKXSALT-25-15

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