#salt-deduction

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#tax-policy
US politics
fromwww.housingwire.com
2 months ago

Higher SALT deductions could drive up home prices

Trump's tax changes capped SALT deductions at $10,000, creating disparities for taxpayers.
Certain states allow business owners to circumvent SALT deduction limits, saving billions.
Homeownership attractiveness may improve with higher SALT deductions, but revenue impacts loom.
Debate continues over SALT changes, focusing on wealth disparities and fiscal consequences.
fromwww.twincities.com
5 months ago
Business

Lower taxes, higher tariffs: What Trump's tax plans mean for you

Tax policy will significantly change with the potential permanence of parts of the TCJA under Trump's administration.
Congressional support will be crucial for Trump's tax initiatives and proposed changes.
US politics
fromwww.housingwire.com
2 months ago

Higher SALT deductions could drive up home prices

Trump's tax changes capped SALT deductions at $10,000, creating disparities for taxpayers.
Certain states allow business owners to circumvent SALT deduction limits, saving billions.
Homeownership attractiveness may improve with higher SALT deductions, but revenue impacts loom.
Debate continues over SALT changes, focusing on wealth disparities and fiscal consequences.
fromwww.twincities.com
5 months ago
Business

Lower taxes, higher tariffs: What Trump's tax plans mean for you

Tax policy will significantly change with the potential permanence of parts of the TCJA under Trump's administration.
Congressional support will be crucial for Trump's tax initiatives and proposed changes.
more#tax-policy
fromObserver
7 years ago
NYC politics

Murphy Joins Cuomo, Brown to Condemn GOP Tax Plan

The GOP tax plan poses significant financial risks to high tax states by removing most of the SALT deduction, prompting strong opposition from Democratic governors.
fromLos Angeles Times
7 months ago
Left-wing politics

Trump says he would uncap the state and local tax deduction, a California favorite

Trump aims to reinstate the SALT deduction cap and other tax breaks, impacting middle-class workers in high-tax states like California.
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