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Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...
GOP bill will touch the lives of most Central New Yorkers, affecting taxes, child care and energy costs, social safety net ...
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The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...
A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...
It was a key sticking point among Republicans in the House when the spending bill was under discussion this spring.
President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.
New York Rep. Mike Lawler told Fox News Digital that he is pleased with the Senate's latest compromise on state and local tax ...
A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...
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