House Republican tax bill approves a $40,000 limit on the ‘SALT’ deduction. Here are the beneficiaries.
House Proposes Changes to SALT Deductions Jason Smith (R-MO), who is the chairman of the House Ways and Means Committee, is set to hold a press conference on May 13, 2025, just before a markup hearing at the Longworth House Building on Capitol Hill in Washington, DC. On Thursday morning, House lawmakers approved modifications to […]
Rep. Mike Lawler highlights $40K SALT deduction limit for New York as House advances Trump’s tax plan
Rep. Mike Lawler Celebrates Significant Tax Credit Increase WASHINGTON – Rep. Mike Lawler (R-NY) is marking an 11-hour agreement that brings a 400% increase in state and local tax (SALT) credits, part of President Trump’s “one big beautiful bill.” “For the middle class, this represents a true win, particularly in places like New York,” Lawler […]
Johnson agrees on a provisional $40,000 limit for SALT deductions in Trump’s proposal
Republicans Reach Tentative Deals on SALT Cap A preliminary agreement has been reached between House Speaker Mike Johnson and a group of Republican lawmakers concerning the increase of state and local tax credits, commonly referred to as “SALT” caps. The proposed cap would rise to $40,000 for households earning less than $500,000 annually, up from […]
Charities increase pressure on Keir Starmer to eliminate the two-child benefit limit.
Push for Action on Child Poverty Intensifies Charity and labor groups are banding together to elevate the issue of child poverty, urging the government to take concrete steps in addressing it. As discussions around future strategies unfold, a study from the Charitable Coalition indicates a strong public desire for prioritizing family support. Results show that […]
Diagnosis review – captivating play pushes double standards to the limit
New Play by Activist and Playwright Athena Stevens Activist and playwright Athena Stevens has premiered her latest play, which she also stars in. The piece delves into the unsettling yet poignant experiences of those living with disabilities. It particularly highlights the dissonance many feel in their realities, which intensifies during a harrowing night at the […]
Iowa Can Continue to Limit Instruction on Sexual Orientation in Schools
Federal Judge Rules on Iowa’s Education Restrictions A federal judge announced on Thursday that Iowa can proceed with its restrictions related to teaching gender identity and sexual orientation up to the sixth grade. This decision allows for certain non-ordered educational programs to continue, according to a report. These limitations specifically affect children in primary schools. […]
Democrats Resist Republican Push to Limit Medicaid through Work Requirements
Republicans are advocating for changes to Medicaid aimed at reducing government expenses, while Democrats are standing firmly against any initiatives that would tie Medicaid eligibility to work requirements. During a session that extended from Tuesday night into early Wednesday morning, the House Energy Commerce Committee discussed budget adjustments concerning Medicaid, aligning with President Trump’s agenda. […]
Bank customer upset over warning to limit access to funds: ‘Seven day deadline’
Customers of Commonwealth Bank (CBA) are expressing frustration, feeling “like criminals” after receiving emails demanding detailed accounts of their funds. Louis Christopher, who has been a loyal customer since 1978, found it shocking when he was asked about the origins of his money. Christopher, the founder of SQM Research, said he was “fed up” with […]
Van Hollen: There is no limit to GOP support for Trump, no matter the wrongdoing or greed.
Senator Chris Van Hollen, a Democrat from Maryland, stated on Monday that there seems to be no limit to Republican backing for President Trump, especially concerning the issues of graft and corruption. “It’s evident that while Republicans may voice some concerns about these matters, their support for the President remains unwavering,” he remarked. Democrats voiced […]
“I take carpet to the limit” The creative talent behind tufted human-like wearable art | Installation
Exploring Anna Perach’s Artistic Journey As I sit with Anna Perach in her sunlit studio at Gasworks in London, she shares how “I’m led by the story.” Behind her, vibrant threads create a kaleidoscope of colors. Her work, infused with a sense of humanity, draws on folklore and fairy tales. The sculptures beckon to be […]