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The New GOP Tax Invoice May Quadruple SALT Deductions for Householders

May 23, 2025
in Personal Finance
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Home Personal Finance


Adam McCullough / Shutterstock.com

Reduction could also be on the horizon for householders battling property tax payments, particularly these in excessive-tax states. The large price range bundle not too long ago handed by the Home, nicknamed the “One, Large, Stunning Invoice,” comprises a provision that might considerably improve the cap on state and native tax (SALT) deductions from $10,000 to $40,000 — probably delivering vital tax financial savings to…



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Tags: BillDeductionsGOPHomeownersQuadrupleSALTTax
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