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The debate over the SALT deduction was among the sticking points that delayed the bill's passage through the House. As it ...
The House-approved tax bill could end the popular 'SALT' deduction workaround for certain pass-through businesses. Here's ...
The legislation has implications on taxes for individuals and families at most income levels as well as for businesses and ...
On May 22, 2025, the House passed the legislation entitled “The One Big Beautiful Bill” (the “BBB”). The BBB makes permanent, extends and, in ...
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Explícame on MSNWhat is the 'SALT Caucus' and why did it claim victory with the SALT deduction increase?In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...
House Ways and Means Committee Chairman Jason Smith (R-MO) thinks that the overwhelming majority of the GOP tax and spending legislation will survive the Senate, contrary to suggestions ...
Republicans are rushing to pass the bill — which would cut taxes and spending, raise the debt limit and increase defense and ...
Two potential New York gubernatorial challengers helped negotiate a federal provision to quadruple the contentious $10,000 cap on the amount taxpayers can deduct from their state and ...
Mr Trump prefers to govern by executive order, but the House bill addressed administration priorities that couldn’t be ...
The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...
Connecticut’s congressional delegation joined opposition to House Republicans’ “big beautiful bill” designed to carry out ...
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