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News

SALT, tax bill and United States Capitol

Opinion
The Hill on MSN · 1d
The SALT cap isn’t the problem — high-tax states are
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own tax-and-spend habits.
SFGATE · 6d
These High Tax States Could Benefit the Most From Higher SALT Deduction
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the country and a high-income tax rate layered on top, New York residents are disproportionately affected by the current $10,000 cap on state and local tax deductions.
NBC News on MSN · 2d
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who benefits
House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as part of President Donald Trump’s tax package.Enacted via the Tax Cuts and Jobs Act,
MiBolsilloColombia on MSN1d
Who benefits from SALT changes? New data shows married couples gain the most
Recent SALT deduction changes mainly benefit married couples in high-tax states, raising questions about fairness and ...
Opinion
3don MSNOpinion
Republicans are debating SALT tax breaks that are bad policy, good voter bribes | Opinion
The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...

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