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A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...
Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...
The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...
A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...
House Republicans are working to give their “big beautiful bill” a face lift as they try to appease warring factions of the ...
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...
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MiBolsilloColombia on MSNSALT caucus challenges GOP tax proposal over insufficient deductionsThe GOP's tax and spending bill faces internal hurdles, with the SALT caucus pushing for significant changes. This group of ...
House Speaker Mike Johnson has been holding meetings with the various factions in an effort to reach an agreement.
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MiBolsilloColombia on MSNSome Republicans demand higher SALT deduction limit than GOP proposedThe GOP's ambitious tax and spending bill faces internal challenges, particularly over the SALT deduction cap. A faction of ...
In a setback, House Republicans failed Friday to push their big package of tax breaks and spending cuts through the Budget ...
With much of President Donald Trump’s agenda hinging on the “big, beautiful” budget bill, Republicans in Congress are . . .
Five Republicans joined all Democrats to reject the GOP's tax and spending package in a House Budget Committee vote.
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