Fri, March 14, 2025
[ Fri, Mar 14th 2025 ]: Politico
5 questions for author Catherine Bracy
[ Fri, Mar 14th 2025 ]: Time
Donald Trump Is What Some Historians Call a 'Transformative President'
[ Fri, Mar 14th 2025 ]: Fortune
Commerce Secretary Howard Lutnick blasts Canada f .. and praises the UK and Mexico for not retaliating
[ Fri, Mar 14th 2025 ]: LBC
'No place' for 'disruptive and distractive' phones in classrooms, says Education Secretary
[ Fri, Mar 14th 2025 ]: Alternet
How 'seniors could lose their homes' as Trump and Musk 'gamble' with Social Security
[ Fri, Mar 14th 2025 ]: Newsweek
Veterans Protest Against Donald Trump Today: What To Know
[ Fri, Mar 14th 2025 ]: PennLive
Senate's Democratic leader says he won't allow government shutdown despite budget concerns
[ Fri, Mar 14th 2025 ]: NewsNation
Trump to deliver speech at DOJ on 'restoring law and order'
[ Fri, Mar 14th 2025 ]: Vox
Trump and Musk have huge conflicts of interest. Who's policing them?
[ Fri, Mar 14th 2025 ]: Euronews
China and Russia call for end to nuclear sanctions on Iran
[ Fri, Mar 14th 2025 ]: WFXR
Local expert, lawmakers weigh in on potential government shutdown
[ Fri, Mar 14th 2025 ]: Tagtik
In burger and soda mode: should we worry about Trump's health?
[ Fri, Mar 14th 2025 ]: HuffPost
Critics Say Habba And Hannity's Cheap Shot At AOC Exposes An Ugly GOP Reality
[ Fri, Mar 14th 2025 ]: KOSU
Dr. Mehmet Oz, Trump's pick to lead Medicare and Medicaid, gets his Senate hearing
[ Fri, Mar 14th 2025 ]: CNN
Trump to speak at a Justice Department shaken by firings and dropped cases
[ Fri, Mar 14th 2025 ]: Newsday
Social Security overpayments: FAQ
[ Fri, Mar 14th 2025 ]: WSET
House passes temporary funding bill but Senate hurdles threaten government shutdown
[ Fri, Mar 14th 2025 ]: Reuters
Iran's rulers caught between Trump's crackdown and a fragile economy
[ Fri, Mar 14th 2025 ]: Insider
A second judge ruled to temporarily reinstate fed .. ers, this time across 18 departments and agencies
[ Fri, Mar 14th 2025 ]: MarketWatch
Government shutdown odds rise. Here's what it means for markets and your wallet.
[ Fri, Mar 14th 2025 ]: dw
Are Elon Musk's politics threatening Tesla and his empire?
[ Fri, Mar 14th 2025 ]: WGRZ
Langworthy discusses the impact of Trump's tariffs, and Canada as the 51st state
Thu, March 13, 2025
[ Thu, Mar 13th 2025 ]: Vox
Should Democrats let the government shut down?
[ Thu, Mar 13th 2025 ]: unilad
Federal judge orders Elon Musk's DOGE to reveal government plan and identify all employees
[ Thu, Mar 13th 2025 ]: CNN
The latest on Trump's tariffs and the looming government shutdown
[ Thu, Mar 13th 2025 ]: Euronews
Portugal set to hold early election in May after minority government collapses
[ Thu, Mar 13th 2025 ]: Distractify
What Are Frank's Stallone's Politics? All About His Political History
[ Thu, Mar 13th 2025 ]: Alternet
'Lies and gimmicks': Judge reverses Trump administration's 'sham' firing of 20,000 federal workers
[ Thu, Mar 13th 2025 ]: CNBC
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
[ Thu, Mar 13th 2025 ]: YorkshireLive
NHS England to be abolished - what it means and how it could affect you
[ Thu, Mar 13th 2025 ]: HuffPost
GOP Senator Admits What Trump And White House Are Denying In Tariff War
[ Thu, Mar 13th 2025 ]: KJZZ
Trump's hiring freeze has halted local head counts and could threaten the U.S. census
[ Thu, Mar 13th 2025 ]: ProPublica
Washington Blues: A Government Town Faces a Gloomy Future
[ Thu, Mar 13th 2025 ]: MSN
Fact check: Was Donald Trump recruited by the KGB and codenamed 'Krasnov'?
[ Thu, Mar 13th 2025 ]: politicsweb
Budget 2025: A blend of social, economic and coalition realities - Brett Herron
[ Thu, Mar 13th 2025 ]: Newsweek
Donald Trump Compared to Evil Queen by Judge
[ Thu, Mar 13th 2025 ]: Axios
D.C. makes final plea to avoid $1B in cuts in government shutdown bill
[ Thu, Mar 13th 2025 ]: BBC
Maze Prison regeneration 'limited to health and safety'
[ Thu, Mar 13th 2025 ]: Metro
Keir Starmer to scrap NHS England and bring it back under government control
[ Thu, Mar 13th 2025 ]: SaltWire
'An Evening with the Premier' was a look back at .. and opportunity to pass on advice for next leader
[ Thu, Mar 13th 2025 ]: Reuters
UN experts accuse Israel of genocidal acts and sexual violence in Gaza
[ Thu, Mar 13th 2025 ]: dw
Germany's likely new government makes a risky gambit
[ Thu, Mar 13th 2025 ]: MSNBC
The House just gave Musk and Trump a blank check. The Senate should tear it up.
[ Thu, Mar 13th 2025 ]: Politico
Selling Politics: Inside the Rush to Get Rich Off of MAGA
[ Thu, Mar 13th 2025 ]: Bizcommunity
Government allocates R19.1bn for teachers over the medium term
[ Thu, Mar 13th 2025 ]: Insider
Embarrassment, fear, and protests: 4 Tesla owners tell BI why they sold their cars
[ Thu, Mar 13th 2025 ]: Newsday
EPA Administrator Lee Zeldin says he will slash climate-change regulations and spending
[ Thu, Mar 13th 2025 ]: Fortune
USAID staff invited to attend a daylong event to burn and shred classified documents, email says

The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know

  Copy link into your clipboard //politics-government.news-articles.net/content/ .. trump-s-tax-cuts-debate-here-s-what-to-know.html
  Print publication without navigation Published in Politics and Government on by CNBC
  • 🞛 This publication is a summary or evaluation of another publication
  • 🞛 This publication contains editorial commentary or bias from the source
  • 🞛 This publication contains potentially derogatory content such as foul language or violent themes
The article from MSN discusses potential changes to the State and Local Tax (SALT) deduction as part of the ongoing debate over former President Donald Trump's tax cuts. The SALT deduction allows taxpayers who itemize to deduct certain taxes paid to state and local governments from their federal taxable income. Currently, there is a cap of $10,000 on these deductions, which was introduced by the Tax Cuts and Jobs Act of 2017. This cap has been a point of contention, particularly in high-tax states where residents feel disproportionately affected. With the looming expiration of several provisions of the Trump tax cuts in 2025, there's speculation on whether this cap might be adjusted or eliminated. Democrats have pushed for its removal, arguing it unfairly burdens middle-class families in states with high taxes, while some Republicans see it as a way to offset revenue losses from other tax cuts. The debate involves considerations of federal revenue, state fiscal policies, and the broader implications for tax equity and economic policy.

Read the Full CNBC Article at:
[ https://www.msn.com/en-ph/politics/government/the-state-and-local-tax-deduction-could-change-amid-trump-s-tax-cuts-debate-here-s-what-to-know/ar-AA1AN4jE ]