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POINT: Let blue states have the SALT deduction, then make them pay their wayAs Republicans work to advance their mega bill, the debate over the $10,000 cap on the federal deduction for state and local ...
This story was originally published by CalMatters. Sign up for their newsletters. By Dan Walters | CalMatters Commentary Four ...
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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 ...
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
Republican congressmen, including Long Island's Andrew Garbarino and Nick LaLota, led the fight to increase the state and ...
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
But first, Republican leaders must deal with a procedural matter once taken for granted: Friday’s debate in the ... Republicans in high-tax states demand. Increasing the deduction costs billions, and ...
As Republicans move closer to passing their $4 trillion tax bill, one provision is proving to be an outsize obstacle: The state and local tax deduction known as SALT. The deduction allows those ...
Reps. Elise Stefanik and Nicole Malliotakis are among the New York Republicans in the middle of the debate over how to handle the state and local tax deduction. (CQ-Roll Call, Inc./Getty Images; AP) ...
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 ...
WASHINGTON—Conservative House members are fuming at some of their Republican colleagues from New York, New Jersey and California, whose insistence on a much larger state and local tax deduction ...
The energy and commerce panel eclipsed 10 hours of debate as of press ... Tom Suozzi (D-NY) to increase the SALT deduction cap to $80,000 and pay for it by hiking the tax rate on top earners ...
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