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Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
Republicans from high-tax blue states want a higher cap for the state-and-local tax deduction.
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Fully repealing the SALT cap would disproportionately help the richest of the rich, with the 1% getting 43% of the benefit.
The House Ways and Means Committee voted 26-19 to approve the tax part of the legislation after a marathon markup meeting ...
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Soy Nómada on MSNRepublican Tax Bill sparks debate over SALT deduction and PTET restrictionsThe Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...
The House Republican debate over President Donald Trump's tax agenda has kicked off. An early version of the House Ways and Means tax bill would cost about $3.7 trillion over 10 years, according to ...
The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax Cuts and Jobs Act and is shaping up to be so again in 2025.
House Republicans are looking to push through tax cuts and spending reductions ... House members are fuming at some of their Republican colleagues from New York, New Jersey and California, whose ...
Few tax matters have as many enemies as the so-called SALT deduction, the ability to deduct from your federal income taxes ...
EXCLUSIVE: A conservative Republican ... the top tax bracket to a 39.6% income tax rate rather than 37% could help pay for higher deduction caps for state and local taxes (SALT).
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