Page 19 - Salt Deduction News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Taxpayers can deduct up to $10,000 of their state and local taxes on their federal income tax.

The move would help offset the benefits from a proposed expansion of the federal deduction of state and local taxes.

Tax states, those suburban women who voted for joe biden are now saying this doesn't work for me. are you prepared to lose that voter? >> no, i don't think we're going to lose that voter. i think we're going to get some sort of -- >> phil murphy lost that voter. phil murphy lost that voter last night. >> well, look, i mean, it was the republicans who ended the salt deduction. i have sympathy for that perspective because i think we have to be addressing the issue of the wealthiest paying their fair share, but i think that in this bill, there will be -- everyone will come together, and there wil...

To see us paying attention to what's going on in their lives, and so as we think about the work that we have to do in congress, we should be thinking about what is it that is going to make people -- and i've been saying this for months. what is it that is going to make people wake up and feel differently about their lives and their livelihoods? in my mind, it is costs, you're absolutely right, and it is about lowering those costs for middle class families and working families and poor people across this country. that's what the build back better agenda does. that's why we're working so hard to...

An adverse court ruling leaves wealthy states with fewer options.