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Money Talks News on MSNRepublicans Eye $30,000 SALT Cap in Tax Package NegotiationsHouse Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
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Self Employed on MSNHouse GOP Proposes Making Trump-Era Tax Cuts PermanentThe Tax Cuts and Jobs Act, signed into law by former President Donald Trump in December 2017, represented the most ...
The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a ...
Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...
State and local taxes were a major focal point of the reconciliation negotiations, exposing that Republicans' troubles didn't ...
Long Island Politics Long Island reps vow fight after Senate committee recommends sticking with $10G cap on SALT deduction ...
The state and local tax deduction, which primarily benefits wealthier Americans in high-tax areas, was one of the most disputed provisions of Trump’s tax-and-spend bill.
The fate of the sweeping GOP tax and spending bill hangs in the balance as senators continue to work on amendments and closed-door negotiations Tuesday morning following an all-night session.
Revised Medicaid cuts, clean-energy changes cause friction among Republicans as SALT tensions also linger.
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in high-cost states.
House and Senate Republicans are not close to a deal on raising the state and local tax deductions, leaving the fate of the “one big, beautiful” reconciliation bill up in the air as the lower ...
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