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SALT Could Be a Sticking Point in the Republican Tax Bill. What the Deduction Is—and Why Lawmakers Want to Raise the Cap.
A bipartisan group of lawmakers wants to increase the state and local tax deduction cap but disagree on how high to push it.
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Who really benefits from the $40,000 SALT cap? A look at income distribution
Raising the SALT cap to $40,000 would mostly help high earners, fueling debates over tax fairness and state-federal revenue ...
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Blue Cross Blue Shield claims they are at a 'crisis point'
About a dozen employees were laid off at St. Michael’s College Friday. Turning ice cream into renewable energy is the goal behind a new partnership with Ben & Jerry’s. A New York environmental group ...
Republican tensions escalate to a boiling point on 'SALT' tax fight in Trump's big bill
The fight has pitted the GOP's top tax writer against a determined bloc of House Republicans from high-tax states. It has ...
Republicans are debating SALT tax breaks that are bad policy, good voter bribes | Opinion
The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...
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Key New York Republicans reject 'insulting' offer on 'SALT' tax break
“We’ve negotiated in good faith on SALT from the start—fighting for the taxpayers we represent in New York. Yet with no ... and I think we’ll find the right point,” Johnson said.
Losing sleep over clean energy tax credit cuts
The House bill now headed to the Senate will make it difficult if not impossible for clean energy companies to consider new ...
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Key New York Republicans reject ‘insulting' offer on ‘SALT' tax break
“We’ve negotiated in good faith on SALT from the start—fighting for the taxpayers we represent in New York. Yet with no ... and I think we’ll find the right point,” Johnson said.