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Trump’s push for SALT tax reform threatened by hardline GOP budget hawks - MarketWatch

1. Tax breaks for wealthy Americans may disrupt negotiations on tax policy. 2. A $10,000 cap on state and local tax deductions affects high-tax states. 3. This cap was implemented to finance tax cuts given to corporations.

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FAQ

Why Bearish?

Potential changes in tax policy could adversely affect consumer spending and TSLA's sales.

How important is it?

Changes in tax policy can influence luxury spending, affecting TSLA's sales figures significantly.

Why Short Term?

Immediate impact from tax policy changes may influence consumer behavior quickly.

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