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A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.
On Friday, before signing his massive domestic policy bill, President Donald Trump proclaimed at the White House that “it’s ...
What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...
A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...
The event marks the culmination of weeks of effort by the president and his team to get the bill across the finish line.
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...
One health policy professor said cutting Medicaid and similar programs "will be devastating" to millions of Americans.
President Donald Trump has promised that the “big, beautiful bill” passed by the Senate and being considered by the House of ...