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People attend a protest against the U.S attack on nuclear sites, amid the Iran-Israel conflict, in Tehran, Iran on Sunday.
House Republicans in favor of increasing the deduction cap on state and local taxes (SALT) said they “still have some work to do” after the group huddled with Speaker Mike Johnson (R-La.) for ...
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) deduction cap, multiple sources told The Hill, solving a critical hang-up tha… ...
House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and local tax deductions, or SALT, to $40,000.
The SALT deduction cap was introduced by Mr. Trump in his 2017 Tax Cuts and Jobs Act as a way to offset that legislation's tax breaks, such as its reduction in individual income tax rates.
The future of President Donald Trump's "One Big Beautiful Bill" that would fund his second-term agenda could depend on SALT. The State and Local Tax deduction has been a wedge between Democrats ...
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out over $500,000.
The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, experts say.
Salt Lake City adopted three new flags on top of its primary flag to bypass HB77. The flags incorporate the sego lily logo with Juneteenth, Pride and transgender flags.
There’s currently a $10,000 limit on the federal deduction on state and local taxes, known as SALT. As part of President Donald Trump's tax package, House Republicans on Thursday passed a SALT ...