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The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...
Weakened courts, happy heirs, and work requirements. The House-passed version of Donald Trump's tax plan takes from poor, ...
The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.
Proposed changes to the SALT deduction cap could deliver significant tax relief to many Americans, especially higher earners ...
Congressional Republicans are moving quickly to pass a mammoth tax and spending cuts package that could have a direct impact on millions of Americans and drastic consequences for the economy.
But at the same time, lawmakers from high-tax states including New York are demanding a deeper tax deduction, known as SALT, for their constituents. Johnson has insisted Republicans are on track ...
The One Big Beautiful Bill Act is currently written to eliminate $267 billion in federal funding from the Supplemental ...
Utah could lose an estimated $381 million from federal Medicaid cuts if Congress passes the bill as written. Though it’s a ...
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
The big, beautiful tax bill sets back tax policy by a decade, and it facilitates the continuation of reverse tax ...
Note: Goods from Canada and Mexico that fall under the U.S.M.C.A. trade pact — the agreement that replaced NAFTA — are not subject to tariffs that took effect in March targeting those ...