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The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee ...
The House passed the 'One Big Beautiful Bill,' a sweeping tax overhaul that could reshape deductions and social programs. As ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
House Republicans passed a tax plan cutting over $700B from Medicaid, affecting nearly 14M Americans. What happens now?
The budget bill passed by Congress raises the SALT deduction cap from $10,000 to $40,000, affecting taxes in New York.SALT ...
STATEN ISLAND, N.Y. -- President Donald Trump’s “One Big Beautiful Bill Act” passed the House of Representatives early ...
One of the most contentious issues in the “big, beautiful” tax bill is how much to raise the state and local tax deduction, or SALT, for tax filers. Here's what that means.
Tucked away in Trump’s 1,100-page “big, beautiful bill” for federal tax cuts is a one-sentence proposal to curtail workarounds to the SALT cap that took the form of pass-through ...
The fight has pitted the GOP's top tax writer against a determined bloc of House Republicans from high-tax states. It has ...
House Republicans approved Trump’s tax plan in committee, pushing forward major tax breaks. The proposed $30,000 SALT cap ...
The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...