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A bit of late-surfacing fine print might yet throw negotiations over President Donald Trump’s Big Beautiful Bill into chaos, ...
For as long as Americans have paid federal income taxes ... a proposed version of the bill released by House Republicans on May 12 includes an increase of the SALT deduction cap to $30,000.
A Republican tax bill in 2017 capped the SALT deduction at $10,000, in what was seen as a political slap at Democratic-leaning states in the Northeast and California, where residents often pay ...
Tucked away in Trump’s 1,100-page “big, beautiful bill” for federal tax cuts is a one-sentence proposal to curtail workarounds to the SALT cap that took the form of pass-through ...
The White House says the House GOP's tax cuts will usher in an economic boom. Top economists say the upside is negligible.
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