Committee for a Responsible Federal Budget1d
Weakening the SALT Cap is Costly, Benefits High-Earners, & Increases Tax Complexity
The Tax Policy Center (TPC) recently published analyses of several options to raise the $10,000 State and Local Tax (SALT) ...
SALT in old wounds: California’s taxes on wealth may hinge on how Trump treats deductions
President Donald Trump and Congress may toss a federal cap on how much people deduct for local and state taxes. If so, ...
Paying for Trump's tax cuts could lead to big changes for taxpayers. Here's what could be in store.
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.
SALT Talks Gain Steam With Trump’s Blessing on Tax Break
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President ...
Financial Advisor7d
Schumer, Gillibrand Introduce Bill To Restore Full SALT Tax Deduction
Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction.
Republican Plan Would Change Tax Filings: What to Know
House Republicans have outlined a list of tax options aimed at reforming the U.S. tax code. Here is what taxpayers should know.
IJR8d
J.D. FOSTER: It’s Time To Stop Doling Out Taxpayer Cash To High-Tax States
The tax provision generating the most puns involves the capped deduction for state and local taxes, or SALT. This is ...
Tri-State Area lawmakers push to repeal SALT cap as Trump prepares to take office
With the inauguration of Donald Trump coming next week, there's a new push to repeal the so-called SALT cap on state and local tax deductions.
SALT Talks Gain Steam as Trump Blesses Expanding Tax Break
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President Donald Trump and congressional leaders to include the measure in a must-pass ...
Republicans, Slow Down on Tax Cuts Before They Trip You Up
Congress is finding votes before deciding what should be in a tax bill. That could backfire, Tax Foundation CEO Daniel Bunn ...