Thursday, March 28, 2024

TOPICS

Home Tags Joint Committee on Taxation

Tag: Joint Committee on Taxation

A REPEAL OF the state and local taxes cap would lower the burden for households earning at least $1 million by $40.4 billion, or 52% of the $77.4 billion in additional tax breaks that the repeal would provide, according to the Joint Committee on Taxation. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

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...

IRS targets loopholes for $415B business owner tax break

NEW YORK - The Internal Revenue Service provided some long-awaited answers for business owners hoping to dodge the limits on a juicy new tax...
- Featured Event -

Latest News