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SALT, tax deductions

SALT Deduction: What it was like before 2017 and now with Trump's proposal

The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in high-tax states. Significant changes have occurred since the 2017 tax reform,

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These High Tax States Could Benefit the Most From Higher SALT Deduction

House Republican tax bill passes ‘SALT' deduction cap of $40,000. Here's who benefits

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Republicans weigh a $40K cap on SALT deduction, which would help NJ homeowners

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

5don MSN

Johnson, SALT Republicans zero in on critical agreement

Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...

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Conservative rips blue state Republican's proposal to raise taxes on wealthy in SALT debate

Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...

3don MSN

House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

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