New attempt to re-do state and local tax deduction
Sen. Susan Collins introduced the SALT Deduction Fairness Act last week, the latest effort to restore a full income tax deduction for state and local taxes.
Source: bondbuyer.com
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Santos' SALT cap bill not likely to go very far
The bill, introduced in the House by Rep. George Santos, R-NY, is one of three currently circling around Congress that would lift the state and local tax deduction.
Source: bondbuyer.com
Santos proposes SALT increase as New Yorkers seek his ouster
Representative George Santos may not be well liked by his colleagues or constituents, but his first bill in Congress deals with something wildly popular in his district on New York's Long Island — the state and local tax deduction.
Source: accountingtoday.com
New Indiana law may help small businesses reduce their federal tax obligations
"This new law builds on our already strong business climate and continues to make Indiana a great place to live and work," state Sen. Scott Baldwin, R-Noblesville.
Source: nwitimes.com
New group in Congress eyes taking the cap off SALT
The issue is important to lawmakers in high-tax states, and is also important to municipal issuers in those places who have said the cap infringes on their fiancial sovereignty.
Source: bondbuyer.com