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Senate Republican tax bill passes ‘SALT’ deduction cap of $40,000. Here’s who benefits
Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.
Lawmakers Land SALT Cap Deal That Will Offer Major Relief to Homeowners in High-Tax States
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
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Analyzing the Impact of the Republican Tax Reform: Senior Bonus and SALT Deduction Adjustments
The Republican tax reform, hailed as a 'grand and beautiful bill' by President Trump, introduces pivotal changes to the tax ...
Institute on Taxation and Economic Policy4dOpinion
The SALT Caucus, Fortunately, Comes Up Short
The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...
Key blue state Republican says Senate's local tax write-off offer is a 'good deal'
New York Rep. Mike Lawler told Fox News Digital that he is pleased with the Senate's latest compromise on state and local tax ...
How Republicans Re-engineered the Tax Code
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...
Key SALT Republicans reject latest offer from Senate GOP, White House
A trio of key moderate House Republicans say they are rejecting the latest offer from Senate Republicans and the White House ...
Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...