News

The approval of the 'One Big Beautiful Bill Act' in the House has highlighted significant divisions within the Republican ...
The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
The proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts.
The deal House GOP leadership struck with SALT Caucus Republicans was crucial ... when the Senate begins working on the bill. New tax proposals also make the cut in the legislation, ...
Trump is also losing patience with a faction of conservative hardliners pushing for deeper cuts to Medicaid health coverage ...