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News

local tax deduction, SALT and 10000 cap

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MiBolsilloColombia on MSN · 1h
Change in SALT cap: Some taxpayers won't benefit
The 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction cap, aiming to aid taxpayers in high-tax states. However, experts highlight that the majority won't see a benefit.

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 · 4d · on MSN
Republicans’ deal on SALT deduction has changed again. How would it impact you?
 · 4d · on MSN
Who benefits most from the state and local tax deduction and why raising the cap is contentious
3don MSN
What is SALT and why does it threaten Trump's 'Big Beautiful Bill?'
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
CBS News3d
Some homeowners could get a fat deduction under the new GOP tax bill. Here's what to know.
The SALT deduction cap was introduced by Mr. Trump in his 2017 ... a University of Pennsylvania nonpartisan group that analyzes the fiscal impact of policy. That adds to the cost of a bill that ...
Spectrum News NY14d
SALT cap had 'negative impact' on N.Y., Lawler says
Rep. Mike Lawler said the lower cap on the federal deduction for state and local tax payments, also known as SALT, has had a “negative impact” on New York. “There were key provisions that ...

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