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and the House's top tax writer on how to expand the state and local tax deduction, also known as SALT. Their firm opposition in the narrowly divided House spells trouble for GOP leaders as they ...
The House Ways and Means Committee is eyeing a plan to increase the state and local tax (SALT) deduction cap by $30,000 for single and joint filers who make $400,000 or less a year, even after key ...
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.) ...
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 ...
This federal deduction for state and local taxes — the SALT deduction, for short — has a big influence on how the tax burden is divided. It tends to help taxpayers in wealthier, more urban ...
While most experts recommend cutting down on salt, some detractors question whether most people really need to be making their meals blander. We have a complicated relationship with salt.
It’s no surprise that most Americans consume much more salt than they should. According to the American Heart Association (AHA), the average American takes in more than 3,400 milligrams (mg ...