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The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
One of the most controversial tax provisions in President Donald Trump’s “big, beautiful bill” could soon be retooled in the ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if the Senate changes their proposal for the ...
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
The House just made a move that could shake up tax season for a lot of Americans-especially those in high-tax states. Lawmakers voted to raise the cap on the SALT deduction (short ...
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