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Did you ever wonder what would happen if a progressive tax system and a flat tax system collided? I didn’t think so.
House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...
The bill would boost the maximum SALT deduction to $40,000, from the $10,000 limit in President Donald Trump’s 2017 tax overhaul. That’s good news for most affluent taxpayers in high-tax states. Still ...
House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
In the past week, as never before, President Donald Trump showed mastery of the legislative process. On Tuesday, when his gargantuan tax bill was stalled, he went to Capitol Hill to deliver a ...
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.
Michael Dowling, CEO of Northwell Health, stands with Reps. Tom Suozzi (D-Glen Cove) and Laura Gillen (D-Rockville Centre) as ...
The largest police union in the country has issued an endorsement of key provisions of the President Donald Trump-backed "big, beautiful" budget bill.
President Donald Trump’s One Big Beautiful Bill Act, which narrowly passed through the House of Representatives early Thursday morning in a 215-214 vote, includes an increase to the SALT — State and ...
SALT is a tax break that allows taxpayers to deduct part or all of what they paid in state and local taxes from their federal ...