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LI Reps vow fight after Senate committee recommends sticking with $10,000 cap on SALT deduction
The proposal calls for "permanently" extending the $10,000 cap on so-called SALT deductions, first passed by Congress in 2017 and signed into law by President Donald Trump during his first term. Before 2017, there was no limit on the amount of state and local tax deductions a homeowner could write off when filing their federal income taxes.
Republicans must overcome intraparty divides to get legislation to Trump’s desk by July 4 target.
The SALT cap has been perhaps the most vexing policy consideration for the Senate’s GOP tax writers. The current $10,000 SALT ...
Works on a major film studio mean a council is having to shift one of its winter salt stores. Sunderland City Council has ...
Competition for an MLB expansion franchise has heated up since Big League Utah announced its bid two years ago.
Microplastics seem to be in everything, and unfortunately, it's even in our beloved salt. Levels vary, but his type of salt ...
A fresh Republican rift over taxes burst into public view Monday, as New York House Republicans slammed Senate GOP leaders ...
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