State Lawmakers Urge Congress to Permanently Extend 2017 Federal Tax Reform
Americans face massive tax increases with lower individual rates expiring at the end of 2025 Read the ALEC model resolution here. Q1 2022 hedge fund letters, conferences and more More than 100 million American taxpayers from all income tax groups enjoyed real tax relief under the TCJA. The TCJA also capped the state and local tax deduction (SALT) at $10,000. Returning to an unlimited SALT deduction would incentivize many states to once again implement higher taxes and spend at higher levels. Federal Tax Rates Must Remain Low“State lawmakers, those closest to the people, know best how these his...