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Some of the most contentious issues now awaiting votes in Congress would have particularly heavy impacts on California.
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
Republicans from high-tax blue states want a higher cap for the state-and-local tax deduction.
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
Fully repealing the SALT cap would disproportionately help the richest of the rich, with the 1% getting 43% of the benefit.
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
House Republicans on three key committees are working to advance their respective portions of President Donald Trump's ...
The House Ways and Means Committee voted 26-19 to approve the tax part of the legislation after a marathon markup meeting ...
Photo: Jose Luis Magana/Associated Press; Aaron Schwartz/Bloomberg News WASHINGTON—Conservative House members are fuming at some of their Republican colleagues from New York, New Jersey and ...
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Jake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss the latest on the House GOP budget reconciliation bill ...
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Soy Nómada on MSNRepublican Tax Bill sparks debate over SALT deduction and PTET restrictionsThe Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...
It comes as various House Republican factions are locked in high-stakes debates on taxes ... higher deduction caps for state and local taxes (SALT). The 39.6% rate refers to the top income ...
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