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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 ...
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...
The bill proposes significant changes to student loan repayment options, Medicaid eligibility and the tax code.
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Rep. Jim Himes (D-Conn.), the top Democrat on the House Intelligence Committee, voted against the proposed One Big Beautiful Bill Act alongside the rest of his party last week — but is ...
Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.
For the middle class, this is a real win, especially in a state like New York,” Lawler told The Post in an exclusive interview Wednesday trumpeting increase from a $10,000 to a ...