During an interview with the Fox News Channel aired on Wednesday’s broadcast of “Hannity,” President Donald Trump said that he was right to limit the SALT tax deduction and the deduction “rewards badly-run states.” But “we’re going to give some
On Tuesday’s broadcast of the Fox News Channel’s “Your World,” Rep. Nicole Malliotakis (R-NY) argued that it would be best to combine border, tax, and energy legislation into one reconciliation bill because everyone will want some part of the bill
President Donald Trump made a pitch to voters in New York and promised to reinstate state and local tax (SALT) deductions if reelected president.
Rep. Tom Malinowski (D-NJ) will support the reconciliation bill pushed by Senate Democrats that does not eliminate the cap on the state and local tax deduction (SALT), despite previously saying he would not support any reconciliation bill that does not remove the cap.
House Democrats approved hundreds of billions of dollars in tax cuts for their wealthy, blue state donors with the passage of President Joe Biden’s “Build Back Better Act.”
The bottom three-fifths of Americans by income would receive no benefit whatsoever.
“Two out of three millionaires get a big tax cut” if the Biden administration’s Build Back Better plan is enacted, Rep. Kevin Brady (R-TX) said.
President Joe Biden will likely eliminate a proposal to raise the state and local tax deduction (SALT) deduction in the Demcorats’ infrastructure bill, according to a report Wednesday.
The Democrats’ $3.5 trillion infrastructure bill would break President Joe Biden’s pledge not to increase taxes on working-class Americans.
Rep. Thomas Suozzi (D-NY) said Tuesday that he would not support the $3.5 trillion infrastructure bill if Democrats would not increase the deduction for the state and local tax (SALT), which primarily benefits wealthy, Democrat states.
Vice President Kamala Harris said Americans are “able to breath easier and sleep better” due to President Joe Biden’s “help,” during a speech in North Carolina on Monday.
The majority of the California Congressional Caucus sent a letter Thursday to President Joe Biden to urge the President to repeal the State and Local Tax (SALT) Cap limitations President Donald Trump signed into law.
Rep. Alexandria Ocasio-Cortez (D-NY) said Thursday she disagrees with the group of New York Democrats who sent a letter to House leadership saying they may “vote to oppose” any tax legislation without a full repeal of State and Local Tax (SALT) Cap limitations.
A Majority of New York Congressional Democrats sent a letter to House Speaker Nancy Pelosi (D-CA) and Majority Leader Steny Hoyer (D-MD), saying they vote to oppose “any tax legislation; that does not include a full repeal of the SALT limitations.”
Speaker of the House Nancy Pelosi (D-CA) is proposing a two-year moratorium on a tax deduction enjoyed primarily by rich people in Democrat-run states — a deduction that President Donald Trump limited strictly in his 2017 tax reform law.
