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The last states are wrapping up legislative sessions, and some are crossing the finish line with major income tax cuts.
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting.
The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially ...
President Trump this weekend signed into law a massive tax and spending megabill that will reduce revenue by around ...