Trump’s ‘big, beautiful bill’ fails to pass House Budget Committee vote
Among other provisions, the bill seeks to raise the cap on the state and local tax deduction (SALT) beyond the current $10,000 level set in 2017. The SALT provision would raise the cap to $30,000 for those with a modified adjusted gross income of $400,000 or less. Raising the cap to $15,000 for singles and […]
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