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House Republicans are sending a clear and early warning to their Senate allies as the bill encompassing President Trump’s domestic priorities heads to the upper chamber: Don’t water it down. House ...
The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a sharp divide across New York regarding its impact on health ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
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Soy Nómada on MSNRepublican Tax Bill sparks debate over SALT deduction and PTET restrictionsThe Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...
21h
MiBolsilloColombia on MSNTrump faces GOP dissent over SALT deduction limits in tax billAs President Trump pushes for a new tax reconciliation bill, he encounters resistance from within his own party over the ...
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
Permanently extends individual income tax rate reductions and the doubled standard deduction from the Tax Cuts and Jobs Act ...
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 ...
Natural Resources Committee Chairman Bruce Westerman, R-Ark., said his portion of the legislation would “generate over $20 ...
Democrats bashed Republicans for trying to sneak through Trump's tax bill that would help the rich and hurt the poor in the ...
House Republicans approved a massive legislative package comprising the major pieces of President Trump’s domestic agenda ...
If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...
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