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If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phases out ...
The higher SALT cap would mean millions of mostly high-income taxpayers in high-tax states would save thousands of dollars ...
A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.
Republican congressmen, including Long Island's Andrew Garbarino and Nick LaLota, led the fight to increase the state and ...
But the tax cut package that passed the U.S. House and President Trump has dubbed the "big, beautiful bill" may change before ...
The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some homeowners.
Reduce tax carve-outs like SALT and do more to reduce spending and reform Medicaid.
Speaker Mike Johnson (R-Louisiana) finished negotiating with warring factions of the House GOP conference late Wednesday and ...
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