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The U.S. House of Representatives has passed a new tax and spending bill that significantly alters the state and local tax ...
Photo Illustration: Annie Zhao As Congress debates tax policy this year, the state and local tax-deduction cap is in the crosshairs. The SALT deduction cap is set to expire at year’s end ...
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
House Republicans early Thursday took a major step forward on President Donald Trump’s agenda, approving a legislative ...
Evidently, the RINOs feel the same way, so instead of presenting an ideal amount to increase the SALT deduction cap, the SALT caucus, like the Democrats, wants to hold the bill hostage as long ...
House Republicans cleared a major hurdle over the weekend in advancing a sweeping package of President Trump’s tax proposals, ...
Representative Jeff Van Drew said he thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction ... referring to the SALT cap for individuals.
As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...
House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.