#high-tax-states

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#salt-deduction
US politics
fromwww.housingwire.com
4 months ago

Higher SALT deductions could drive up home prices

Trump's tax changes capped SALT deductions at $10,000, creating disparities for taxpayers.
Certain states allow business owners to circumvent SALT deduction limits, saving billions.
Homeownership attractiveness may improve with higher SALT deductions, but revenue impacts loom.
Debate continues over SALT changes, focusing on wealth disparities and fiscal consequences.
NYC real estate
fromSFGATE
2 months ago

These High Tax States Could Benefit the Most From Higher SALT Deduction

The fate of the House Republican tax package may depend on raising the SALT deduction cap, especially for high-tax states.
NYC politics
fromNew York Post
2 months ago

This tax-bill fine print could send businesses fleeing from New York - or derail Trump's agenda

Proposed tax changes could significantly burden New York businesses, potentially increasing their federal tax liability by billions and prompting an exodus to lower-tax states.
fromBusiness Insider
2 months ago
NYC politics

State and local taxes are at the center of the fight over Trump's big bill. Here's what taxpayers in every state pay.

fromSFGATE
3 weeks ago
Real estate

Lawmakers Land SALT Cap Deal That Will Offer Major Relief to Homeowners in High-Tax States

US politics
fromwww.housingwire.com
4 months ago

Higher SALT deductions could drive up home prices

Trump's tax changes capped SALT deductions at $10,000, creating disparities for taxpayers.
Certain states allow business owners to circumvent SALT deduction limits, saving billions.
Homeownership attractiveness may improve with higher SALT deductions, but revenue impacts loom.
Debate continues over SALT changes, focusing on wealth disparities and fiscal consequences.
NYC real estate
fromSFGATE
2 months ago

These High Tax States Could Benefit the Most From Higher SALT Deduction

The fate of the House Republican tax package may depend on raising the SALT deduction cap, especially for high-tax states.
NYC politics
fromNew York Post
2 months ago

This tax-bill fine print could send businesses fleeing from New York - or derail Trump's agenda

Proposed tax changes could significantly burden New York businesses, potentially increasing their federal tax liability by billions and prompting an exodus to lower-tax states.
fromBusiness Insider
2 months ago
NYC politics

State and local taxes are at the center of the fight over Trump's big bill. Here's what taxpayers in every state pay.

fromSFGATE
3 weeks ago
Real estate

Lawmakers Land SALT Cap Deal That Will Offer Major Relief to Homeowners in High-Tax States

more#salt-deduction
NYC real estate
fromSFGATE
2 months ago

Lawmakers Near SALT Cap Deal That Could Offer Major Relief to Homeowners in High-Tax States

Homeowners in high-tax states may receive significant tax relief as lawmakers move to increase the SALT deduction cap from $10,000 to $40,000.
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