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The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
The Republican proposal to increase the SALT deduction cap to $40,000 has reignited debates over federal tax policy. This ...
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...