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EFFORTS TO RAISE the cap on SALT deductions or to create workarounds for taxpayers in high tax states are not expected to succeed. / BLOOMBERG FILE PHOTO/ MICHAEL NAGLE

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...
DONALD TRUMP'S tariffs already in effect cost the average household about $831, according to research from the New York Federal Reserve, about $100 less than the an average tax cut of $930 for middle earners./ BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

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...

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