Page 7 - Salt Deduction News Today

Democrat-leaning states argue that the $10,000 SALT cap deduction is politically motivated and violates the U.S. Constitution.

Four Democratic-leaning northeastern states are asking the Supreme Court to hear a case challenging the cap on the state and local tax (SALT) deduction created by Republicans’ 2017 tax law.

Democrat-leaning states argue that the $10,000 SALT cap deduction is politically motivated and violates the U.S. Constitution.

Advocates say they'll continue pushing for the write-off, but it is not widely popular.

Advocates say they'll continue pushing for the write-off, but it is not widely popular.

And everything would go through and they wouldnt have to take the bad news, just he would? >> i think there is a whole lot of people letting joe manchin take the incoming but joe, you know, he asked for some of that. i think at the point where he was this weekend was people kept saying can you support, can you support and finally, he said no. i cant. and that recreated a new opportunity for new negotiation for a new discussion on how this can work. you got to remember that the promise was we wil...

Goodies today, they want to completely bring it their entire green new deal through the back door of joe bidens incompetence thats not going to help our country, meanwhile were continuing to grow where debt and ignoring budget deficits, nancy pelosi doesnt even think that they exist she wants to create her legacy as she walks out the door and the american people are the ones that are going to be left holding the bag, when you put stuff in this bill like a tax credit for newspapers, or employee t...

Goodies today, they want to completely bring it their entire green new deal through the back door of joe bidens incompetence thats not going to help our country, meanwhile were continuing to grow where debt and ignoring budget deficits, nancy pelosi doesnt even think that they exist she wants to create her legacy as she walks out the door and the american people are the ones that are going to be left holding the bag, when you put stuff in this bill like a tax credit for newspapers, or employee t...

Key negotiators continue to clash over the specific income limits for one of the unresolved issues in President Joe Biden’s economic agenda.

Senate Democrats negotiating an expansion of the state and local tax deduction aren’t near a deal, raising the prospect that talks will spill into next week — and potentially next year.