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The Republican Party's ambitious tax and spending bill faces internal challenges, particularly over the SALT deduction cap, ...
WASHINGTON -- The House Budget Committee voted Sunday night to advance President Donald Trump's legislative agenda, with the ...
With recent federal decisions related to spending impacting Mississippi, inaction on temporary tax cuts could result in Mississippians paying more taxes on average.
People could put more money in these tax-advantaged accounts and working seniors would have more time to contribute, according to the bill. It would also widen the types of healthcare plans able to ...
The SALT cap allows a maximum of $10,000 to be deducted from federal taxes. Republicans proposed a $30,000 cap, but Rep. Mike Lawler (R-NY) is proposing a larger cap.
The approval on May 18 advances the measure toward possible passage in the House of Representatives later this week.
Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or her state and local ...
Republicans in the House of Representatives introduced the One, Big, Beautiful Bill of 2025 (the “House Bill”). The House Bill ...
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Republicans advanced their massive tax cut and border security package out of a key House committee during a rare Sunday ...
They now want to raise tax rates everywhere to help Albany spenders.
The House Budget Committee voted Sunday night to advance President Donald Trump’s legislative agenda, with the sweeping bill ...