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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.) ...
House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as part of President Donald Trump’s tax package. Enacted via the Tax Cuts ...
As the Republican Party’s signature economic bill heads to the Senate after being passed by the House, one of the key sticking points is a cap on state and local tax deductions that hits ...