A move by a group Republican and Democratic House members has that chamber looking into bringing back higher Federal tax credit for the larger taxes that Americans pay in some states.... The action is way for the House to get votes to pass a tax 'Relief ' bill 'restoring … [Read more...] about Increase in the State and Local Tax deduction is back in play….
State and Local Tax (SALT) deduction
State and Local tax deduction coming back Democrats say…..
For those in states like New York , Jersey and California and in 2017? (Democratic states????) Republicans took away deduction's for these taxes .... What's happening: Key House Democrats projected confidence state and local tax relief, known as SALT relief, would be … [Read more...] about State and Local tax deduction coming back Democrats say…..
Long Island New York Democratic and GOP US House members seek to remove State and Local Tax caps….
State and Local government taxes are some the highest in the nation.... But Republican lawmakers in low tax states voted in 2017 for a tax law that that hurts states with high taxes for services for their citizens... Long Island Reps. Peter King and Thomas Suozzi have … [Read more...] about Long Island New York Democratic and GOP US House members seek to remove State and Local Tax caps….