House Panel Plans To Raise SALT Deduction Cap For Members In Blue States

Why is Walmart raising prices due to tariffs? What caused UnitedHealth's stock plunge today? How will stablecoin bill impact US finance? Why did Alibaba miss quarterly revenue estimates? What triggered Coinbase's $20M bounty offer? How did Trump's Middle East visit affect Boeing? Why is Apple shifting iPhone production from China? What caused the recent drop in US retail sales? How is AI investment affecting Chinese tech giants?

House Panel Plans To Raise SALT Deduction Cap For Members In Blue States

tippinsights.com/house-panel-plans-to-raise-salt-deduction-cap-for-members-in-blue-states

By Jacob Adams, The Daily Signal | May 12, 2025
House Republicans are proposing to raise the state and local tax (SALT) deduction cap to $30,000, up from its current rate of $10,000. The move was announced on Monday by the House Ways and Means Committee, chaired by Rep. Jason Smith,…

This story appeared on tippinsights.com, 2025-05-15 10:36:52.