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The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.
California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...
But the tax cut package that passed the U.S. House and President Trump has dubbed the "big, beautiful bill" may change before ...
That’s a quick snapshot of who will benefit and who won’t from what President Donald Trump labeled the “Big, Beautiful” bill ...
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 ...
“This is simply about helping people like Elon Musk pay less in taxes,” said House Democratic Caucus Chairman Pete Aguilar, D ...