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The proposals from Republicans keep in place the current $10,000 deduction of state and local taxes, called SALT, drawing ...
2don MSN
Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...
The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...
The Senate’s version of President Donald Trump’s tax bill calls for a $10,000 cap on the state and local tax deduction — a ...
The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...
A deal reached in the House to raise the SALT deduction could be in danger in the Senate. The U.S. Capitol is seen as ...
Senate Republicans have largely opposed increasing the cap, arguing that the deductions only favor wealthy homeowners in high ...
Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax (SALT) deduction cap at $10,000, setting the stage for a showdown over ...
After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the package.
“In the Senate, at least, there isn't a high level of interest in doing anything on SALT,” Senate Majority Leader John Thune ...
Senate Republicans have said that the number in the text is merely a placeholder to continue negotiations across the Capitol. But House Republicans in the SALT Caucus are warning in no uncertain ...
They’re getting SALT-y. Blue state Republican reps railed against rumored Senate plans to lower the state and local tax deduction (SALT) cap back down from the House-negotiated level of $40,000 ...
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