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Just as President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to tinker ...
The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...
The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...
Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.
The debate over SALT was among the sticking points that delayed the bill’s passage through the House. As it enters the Senate ...
No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...
SALT Republicans are ready to go to war with the Senate on the increased tax relief for high cost of living areas in ...
His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...
The state and local tax deduction, SALT, permits taxpayers who itemize when filing end-of-year taxes to deduct certain taxes paid to state and local governments – and it's a subject of controversy ...
As the House Republicans pass President Donald Trump’s sweeping tax bill, businesses may face drastic changes if approved by the Senate. The House GOP’s ‘One Big Beautiful Bill Act ’ would raise the ...
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