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Realtor.com broke down the 10 states and 10 metropolitan areas with the highest percentage of properties with taxes over ...
The higher cap — set at $40,000 for filers making under $500,000 per year — is temporary, lasting only five years. Filers earning more than $500,000 will see gradually diminishing benefits ...
President Trump shifted his stance on the state and local tax (SALT) deduction cap, a policy he implemented during his first term in office. Despite signing the $10,000 SALT cap into law in 2017 ...
GOP Senators are considering a $30,000 cap on SALT as a compromise between the $10,000 currently allowed and the more generous limit in the House tax bill.