News

The House Ways and Means Committee is eyeing a plan to increase the state and local tax (SALT) deduction cap by $30,000 for ...
As the debate heats up, here are two key areas to watch. With a slim House Republican majority, the limit on the deduction for state and local taxes, known as SALT, has been a key issue in tax package ...
However, the SALT deduction limit has been a sticking point in tax bill negotiations and the provision could still change significantly. The committee is scheduled to debate and vote on the ...
Rep. Mike Lawler (R-N.Y.), a key voice in the debate over the state and local tax (SALT) deduction cap, is slamming what he ...
Lawmakers from states like California, New Jersey and New York have made raising the SALT cap a priority A key tax deduction is tripling ... Bill," wrote New York Republican Reps.
But narrow Republican margins in the House ... the contentious standoff over increasing the SALT deduction — may still be up for debate. Some lawmakers representing high-tax areas want an ...
House Republicans on three key committees are working to advance their respective portions of President Donald Trump's reconciliation bill.
Republican debate is heating up for Trump’s tax cuts. Here’s who could benefit from the final bill, according to policy ...
As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...
GOP lawmakers mostly representing New York, New Jersey, and California put Trump's multi-trillion-dollar tax agenda at risk.