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Some Republicans are once again targeting a cap on deductions for state and local taxes, aka SALT.The SALT deduction cap ...
State and local taxes you pay are deductible if you itemize on your federal income tax return. But the Tax Cuts and Jobs Act of 2017 capped the state and local tax (SALT) deduction at ...
"Per capita state and local tax collections must be considered within the broader context of other states’ actions," the noted, as well as "the current economic realities at play in each ...
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