New Bipartisan Caucus Aims to Secure State and Local Tax Deduction
Congress
New Bipartisan Caucus Aims to Secure State and Local Tax Deduction
2023-06-09 17:32:45
by Jacquelyn Burrer

WASHINGTON —  Members of the recently-formed bipartisan State and Local Tax Caucus are urging their colleagues to support legislation removing the SALT deduction cap, arguing it will provide often neglected middle-class Americans with needed financial assistance.  The bill, the Securing... Read More

In Win for Northeast Centrists, SALT Relief Included In Spending Bill
Taxes
In Win for Northeast Centrists, SALT Relief Included In Spending Bill
2021-11-05 14:48:09
by Dan McCue

WASHINGTON — House Democrats agreed late Thursday night to modify the $1.85 trillion reconciliation bill to include a provision raising the cap on the state and local tax deduction from $10,000 to $80,000. The measure, also known as the Build... Read More

FDA Spells Out Lower Sodium Goals for Food Industry
Food
FDA Spells Out Lower Sodium Goals for Food Industry

NEW YORK (AP) — Food companies are coming under renewed pressure to use less salt after U.S. regulators spelled out long-awaited guidelines aimed at reducing sodium levels in dozens of foods including condiments, cereals, french fries and potato chips. The... Read More

Sherrill Fights for Local Families by Rolling Back Tax Deduction Caps
Economy
Sherrill Fights for Local Families by Rolling Back Tax Deduction Caps
2020-03-19 14:59:19
by Dan McCue

WASHINGTON - Rep. Mikie Sherrill, D-N.J., knew it would be a crippling blow to her constituents and the local economy. It had been bad enough when the Republican Tax Cut and Jobs Act enacted in 2017 capped the deduction middle... Read More

Restoration of Local Tax Breaks Illustrates Gottheimer’s Commitment to Working Families
Congress
Restoration of Local Tax Breaks Illustrates Gottheimer’s Commitment to Working Families
2019-12-20 18:27:13
by Dan McCue

WASHINGTON - House Democrats voted to lift a $10,000 limit on state and local tax deductions, known as SALT, repealing a deduction limit Republicans had imposed as part of their 2017 tax code overhaul. The bill, H.R.5377 , which was... Read More

House Democrats to Move on Temporary ‘SALT’ Cap Increase
Congress
House Democrats to Move on Temporary ‘SALT’ Cap Increase

WASHINGTON — The House Ways and Means Committee could take up legislation as early as next week that would increase a limit on state and local tax deductions that has riled Democrats from high-cost regions, according to a senior panel... Read More

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