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U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...
President Donald Trump expressed optimism that lawmakers could reach a compromise on the state and local tax deduction - a ...
US businesses and wealthy universities scored major wins in the Senate Republicans’ version of President Donald Trump’s tax ...
The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...
Proposed changes have reportedly angered some House Representatives, and differing views on the legislation could make ...
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
Goldman Sachs analysis finds higher SALT deduction caps unlikely to prevent high-income households from moving from high-tax ...
At issue is a state and local tax deduction, known as SALT, which benefits the constituents of several Republicans who ...
The Senate needs 51 votes to pass the bill, which has already sparked opposition from moderate and conservative Republicans.
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