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The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve already paid, like income tax, ...
Welcome to Washington: Senators Prepare To Throw New York Republicans Under the Bus on Local Tax Cap
A hard-fought battle in the House by Empire State Republicans may end up yielding few results.
Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.
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