The contentious 2022 midterm elections are not quite finished next week’s runoff in the race for the Georgia Senate seat pits Democratic incumbent Raphael Warnock against Republican Herschel Walker but following a grueling campaign season, the American people went out and cast.
Monthly payments of up to $300 per child are starting today for most families — and could keep coming for years msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Why a $10,000 Tax Deduction Could Hold Up Trillions in Stimulus Funds
The fight over SALT is a case study in the age-old conflict between constituent politics and national policy.
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May 1, 2021, 5:00 a.m. ET
In 2017, congressional Republicans capped a tax break that benefits America’s highest-earning households and people with multimillion-dollar homes. Coastal Democrats have been trying to get it back ever since.
The break, the state and local tax deduction, known to policy wonks as SALT, does what it says it does. It allows people to deduct payments like state income and local property taxes from their federal tax bills. The deduction, previously unlimited, was capped at $10,000 as part of the 2017 tax bill, which was President Donald J. Trump’s main domestic achievement.
Making The Most Of A Crisis, Biden Links Recovery And Tax Reform forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.