Today news
About the same in other media
Democrats Consider Tax Cuts for Many High Earners in New York, New Jersey and California
Reading now: 819
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.
Read more on wsj.comAbout this in other media
Amazon Worker Group Withdraws Petition for Union Election in New York wsj.com /3 years ago
Fear, panic and chaos: the joy of flying from the UK to New York again theguardian.com /3 years ago
Tax Brackets Will Be Higher in 2022 Due to Faster Inflation, IRS Says wsj.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
