Democrats Consider Tax Cuts for Many High Earners in New York, New Jersey and California

Norge Nyheter Nyheter

Democrats Consider Tax Cuts for Many High Earners in New York, New Jersey and California
Norge Siste Nytt,Norge Overskrifter
  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

High-income residents in New York, New Jersey and California could win tax cuts in the final stages of Democratic discussions of the Biden agenda

WASHINGTON—High-income coastal professionals look likely to emerge as significant winners from the Democrats’ proposed tax agenda, escaping rate increases and regaining a deduction for state and local taxes that was capped at $10,000 in 2017.

The potential result: Many residents of New York, New Jersey, California and other states who make more than the $400,000 threshold that President Biden set for tax increases could end up with tax cuts atop the tax cuts they got four years ago.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

WSJ /  🏆 98. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

CMS Extends Medicaid Postpartum Coverage in New Jersey for Over 8,000 PeopleCMS Extends Medicaid Postpartum Coverage in New Jersey for Over 8,000 PeopleHHS and CMSgov announce the 12-month extension of Medicaid postpartum coverage in New Jersey to help reduce the rate of pregnancy-related illness and deaths among low-income women, especially in communities of color.
Les mer »

New York Times' Morning Newsletter Does Free Messaging Work For Anti-Abortion ActivistsNew York Times' Morning Newsletter Does Free Messaging Work For Anti-Abortion ActivistsWriter David Leonhardt seems to be on a campaign to defend abortion bans after the first trimester. Antis love it!
Les mer »

New York City Penthouse in Jean Nouvel-Designed Building to List for $25 MillionNew York City Penthouse in Jean Nouvel-Designed Building to List for $25 MillionA New York City penthouse in a building designed by Pritzker Prize-winning architect Jean Nouvel is slated to hit the market for $25 million
Les mer »

Shop the City Guide: New York CityShop the City Guide: New York CityHome to millions of trendsetters, creatives and young entrepreneurs, New York City is a place where fashion and style comes to life every single day. Densely packed with unique personalities, there…
Les mer »



Render Time: 2025-03-06 22:29:14