GOP Tax Chair Says $30,000 Deduction Limit Is Fair
David Rubenstein interviews Republican Representative Jason Smith of Missouri, chair of the House Ways and Means Committee, at the Economic Club of Washington, D.C. The chair of the House's tax-writing panel said the $30,000 limit his committee put on the state and local tax deduction is "fair" and lawmakers from high-tax states should accept it. You can watch more of David Rubenstein's interview with Ways and Means Chair Jason Smith on "The David Rubenstein Show: Peer-t-Peer Conversations" airing May 28 at 9pm in New York.
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