Relief may be on the horizon for homeowners struggling with property tax bills, especially those in high-tax states. The massive budget package recently passed by the House, nicknamed the “One, Big, Beautiful Bill,” contains a provision that would substantially increase the cap on state and local tax (SALT) deductions from $10,000 to $40,000 — potentially delivering significant tax savings to…
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U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., Oct. 22, 2025. Kevin Lamarque...
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