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Republican Jack Ciattarelli and Democrat Mikie Sherrill traded sharp criticism on social media this week over a proposed ...
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story How ...
The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
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MiBolsilloColombia on MSNSALT deduction changes explained: Who really benefits from the $40,000 cap?A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
Many Americans who make less than $51,000 a year would see their after-tax income fall if the legislation is passed as is.
The real estate industry panicked when deductions for state and local taxes were slashed, but the new tax bill would bring ...
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
The U.S. House of Representatives has passed the “One Big Beautiful Bill,” a wide-ranging package that includes changes to ...
The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.
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