Republican SALT Deduction Debate

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SALT, House and tax bill

Republican tax bill sparks internal debate over SALT deduction cap

The introduction of the Republican tax bill has ignited a heated debate within the party, focusing on the proposed increase in the state and local tax (SALT) deduction cap. This contentious issue underscores the challenge of balancing the needs of high-tax state constituents with fiscal responsibility.

Soy Aire on MSN · 1d

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House GOP tax bill calls for ‘SALT’ deduction cap of $30,000 for most taxpayers. Here's who could benefit

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House Republicans advance tax plan after pulling all-nighter, but deep divisions remain

House GOP reveals Trump's tax breaks for tips, overtime and car loans in bill, but costs run high

House Republicans revealed the sweeping tax provisions for President Donald Trump's big bill Monday, tallying at least $4.9 trillion in costs so far, partly paid for with reductions to Medicaid and ot...

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Republican Tax Plan Boosts SALT Deduction, Ends Green-Energy Breaks

IJR · 20h

House Republicans Put Ivy League’s Massive Endowments On Chopping Block

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House tax writers eye SALT deduction cap rejected by key lawmakers last week

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

12don MSN

SALT negotiations stall as Republicans debate who benefits - report

Republican efforts to strike a deal on the contentious SALT deduction stalled, as GOP lawmakers debated expanding the state and local tax deduction only for households earning under $400K, according to a media report dated Thursday.

InvestmentNews1d

SALT saga continues with high-tax state reps angling for $62k cap

GOP lawmakers mostly representing New York, New Jersey, and California put Trump's multi-trillion-dollar tax agenda at risk.

20hon MSN

Lawler slams lack of SALT progress: ‘What negotiations?’

Rep. Mike Lawler (R-N.Y.), a key voice in the debate over the state and local tax (SALT) deduction cap, is slamming what he says is a lack of negotiations on the contentious issue. Rep. Mike

CNBC on MSN4d

The Trump tax cut debate is heating up. Here are the key issues and who stands to benefit

The full committee will debate and advance this legislation on Tuesday ... Another TCJA provision — the $10,000 limit on the deduction for state and local taxes, known as "SALT" — was added to the 2017 legislation to help fund other tax breaks.

Update On Proposed Tax Law Changes In The House And Senate

As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a subject of intense debate.

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House panel advances tax portion of Trump agenda bill after marathon meeting

The House Ways and Means Committee advanced a slew of President Trump’s top tax priorities, Wednesday morning, setting the stage for a high-stakes sprint to get the provisions through the GOP’s

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Reconciliation bill ‘a step in the right direction,’ says House Ways & Means Cmte. member

Rep. Greg Murphy (R-N.C.) joins Meet the Press NOW to discuss how House Republicans plan to advance a bill to fund President Trump’s agenda. Rep. Murphy weighs in on the debates within the Republican party over Medicaid cuts and SALT deductions.