state and local deduction

Well, House Republicans Went Ahead With Their ‘Tax Reform 2.0’ Legislation Anyway

Despite reports surfacing last week that House Republicans were having second thoughts about pushing a second round of tax cuts this month, they must have said, “Screw it, let’s do it anyway.” House Republicans introduced legislation on Sept. 10 that would lock in individual tax provisions contained in the Tax Cuts and Jobs Act that […]

Here’s Why ‘Tax Cuts 2.0’ Would Make Some Voters a Little SALTy Come November

Back in July, House Republicans gleefully put the wheels in motion on a framework for a second round of tax cuts, which would permanently extend individual tax provisions contained in the Tax Cuts and Jobs Act that are set to expire in 2025. This proposed tax package, what some are calling “tax cuts 2.0” or […]

Welp, Here Are Three Big Deductions That Aren’t Getting Eliminated in Tax Reform

Now that our elected officials have finished not doing anything about the budget and debt ceiling, they have ample time to get back to not doing anything about other things. Like tax reform! Senator Max Baucus is the chairman of the Finance Committee meaning he's responsible for getting a bill out of the upper chamber. […]