The state and local tax deduction lets families lower their federal taxable income by the amount of money they already paid to state government and local government. That includes state income tax, sales tax, and property tax. >> Those taxes were fully deductible, and that took care of roads, bridges, school districts, etc. >> Prior to 2017, it was unlimited.All dollars taxed by state and local governments weren't subject to federal tax. that ended in 2017 when Congress capped the deduction at $10,000. It's ...

The drama down in Washington, D. C. at the moment, working overnight in the House under surveillance this morning.We're getting closer to the finish line. It's been a good day. We're in a good place right now.This is the legislative process. This is exactly how I think the framers intended for it to work. We feel very good about where we are and we're moving forward.So we're going to deliver the big, beautiful bill, the president's America first agenda, and we're going to do right by the American people. Th ...