During his presidential campaign, Donald Trump raised hopes that he would swiftly bring back a popular deduction for state ...
Analysts say repealing the 2017 measure that has increased federal taxes on Long Island is complex, uncertain.
Trump put the cap in place when president. It limits to $10,000 how much taxpayers can deduct on federal returns for state ...
House Republicans appear likely to win a very slim majority in the House, which could prove helpful to the handful of GOP ...
Unlike most tax-policy disputes, the $10,000 cap on state and local tax deductions breaks along regional lines, not just ...
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, ...
Donald Trump recently made headlines working a stint at a McDonald’s. Salty fries taste great, but otherwise he needs to pull ...
taxpayers who earned more than $100,000 claimed 91% of the tax benefit for the SALT deduction. That year, the average SALT deduction taxpayers claimed was $23,804 in New York and $5,451 in Alaska ...
get SALT back, lower your Taxes, and so much more. I’ll work with the Democrat Governor and Mayor, and make sure the funding is there to bring New York State back to levels it hasn’t seen for ...
I take President Trump at his word and will hold him accountable for his promise to eliminate the SALT cap,” said Rep. Tom ...
SALT stands for “state and local tax.” It refers to the ability of taxpayers to deduct those levies from their personal ...