"This new law builds on our already strong business climate and continues to make Indiana a great place to live and work," state Sen. Scott Baldwin, R-Noblesville.
Changes in business during the pandemic, along with new government programs, have created many money-saving opportunities for public relations and marketing firms.
Four Democratic-leaning northeastern states are asking the Supreme Court to hear a case challenging the cap on the state and local tax (SALT) deduction created by Republicans’ 2017 tax law.
Democrats are considering including in their social spending package a five-year repeal of the cap on the state and local tax (SALT) deduction, sources told The Hill.
Garcia Attempted To Implement ‘SALT Fairness’ Amendment To COVID Relief, Failed
Congressman Mike Garcia, R-Santa Clarita, attempted to amend the COVID Relief bill that was passed over the weekend with SALT Fairness, which would have repealed the SALT deduction cap.
Garcia introduced the State and Local Tax (SALT) Fairness amendment to the $1.9 trillion COVID-19 relief bill.
“One of my top priorities in Congress from day one has been to repeal the SALT deduction cap, which is why I have introduced an amendment to do just that,” Garcia, said. “Since the COVID-19 relief bill only puts nine percent towards actual relief, I thought this would be a chance to make this bill do what it should do, provide relief to Americans hurting as a result of COVID-19 and related lockdowns.”