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News

SALT, 10000 cap and tax deductions

Digest more
 · 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.

Continue reading

 · 4d · on MSN
Who benefits most from the state and local tax deduction and why raising the cap is contentious
Committee for a Responsible Federal Budget · 4d
Further SALT Cap Relief Only Benefits High Earners
MiBolsilloColombia on MSN2d
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 ...
4don MSN
5 things to know about SALT, the tax break holding up Trump’s ‘big, beautiful bill’
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...
Opinion
4don 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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