Trump put the cap in place when president. It limits to $10,000 how much taxpayers can deduct on federal returns for state ...
Some Republicans in high-tax states have been trying to get changes to the SALT cap. Could a tight Republican majority in the ...
Analysts say repealing the 2017 measure that has increased federal taxes on Long Island is complex, uncertain.
a move that critics say targeted Democratic-leaning states with high state income and property taxes, including New Jersey, New York, Connecticut and California. The SALT deduction lets people ...
I take President Trump at his word and will hold him accountable for his promise to eliminate the SALT cap,” said Rep. Tom ...
Unlike most tax-policy disputes, the $10,000 cap on state and local tax deductions breaks along regional lines, not just partisan ones.
During his campaign, President-elect Donald Trump vowed to lift the controversial $10,000 state and local tax deduction cap (SALT) Congress instituted in 2017. “I will turn it around, get SALT back, ...
Lawyers are beginning to flesh out what the specifics of what a second Trump Administration may look like, and what we can expect before Biden passes the baton.
Rep. Tom Kean Jr., a Republican, retains his seat as representative for the state's 7th Congressional District.