Laura Davison
Democrats take final swipe at SALT cap before year’s end
WASHINGTON – House Democrats are making a last-ditch bid to reverse the $10,000 cap on state and local tax deductions before year’s end. But...
Democrats find few Republican allies to dull sting of SALT tax
WASHINGTON – Democrats are staging a long-shot attempt to chip away at the Republican tax law’s limit on state and local tax deductions, finding...
SALT tax-cap challenge by New York and New Jersey is thrown...
NEW YORK – Four states in the eastern United States lost a legal challenge to a provision of the 2017 law that limited write-offs...
N.Y., N.J. & Conn., pursue another battle in SALT deduction war
NEW YORK – New York, New Jersey and Connecticut are again suing President Donald Trump’s administration over a provision in the 2017 tax law...
SALT cap repeal would be $40B windfall for millionaires
WASHINGTON – More than half of the benefit of repealing the $10,000 deduction cap for state and local taxes would go to millionaires, according...
Corporate America is repatriating a fraction of foreign profits
WASHINGTON – Corporations brought $100.2 billion of overseas profits back to the United States in the first quarter, marking $876.8 billion that has returned...
Trump’s tax law made Americans less charitable, nonprofits say
WASHINGTON – Americans gave less money to charities last year partly because the Republican tax law changes made many people ineligible for tax breaks...
It’s over: States lose fight against SALT deduction cap
WASHINGTON – New York, New Jersey and Connecticut have been fighting a new cap on state and local tax deductions ever since it was...
Trump’s tariffs have wiped out most families’ tax cut gains
NEW YORK – President Donald Trump’s trade wars have already wiped out all but $100 of the average American household’s windfall from Trump’s 2017...
Opportunity Zone rules aim to draw capital to distressed areas
NEW YORK – It will be easier to invest in businesses and real estate in low-income communities throughout the United States now that the...
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