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Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...
New York Republicans find themselves in the middle of the fight over the deductibility of state and local taxes in the ...
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.
8don MSNOpinion
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.
Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.
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MiBolsilloColombia on MSNChange in SALT cap: Some taxpayers won't benefitThe 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction cap, aiming to aid taxpayers in ...
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
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