#salt-deduction-cap

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US politics
fromFortune
1 hour ago

Trump is giving the U.S. economy a $65 billion tax-refund shot in the arm, mostly for higher-income people, BofA says | Fortune

OBBBA will boost 2026 tax refunds by about $65 billion, disproportionately aiding middle- and higher-income households and worsening the U.S. K-shaped economic divide.
fromFast Company
4 weeks ago

3 big changes in retirement planning you should know about for 2026

Thanks to a provision in the Secure 2.0 retirement legislation, high-income earners (with $150,000 or more in FICA income in the prior year) who are over 50 and investing in 401(k) or other company retirement plans must make catch-up contributions to their plans' Roth option, rather than traditional tax-deferred contributions, starting this year.
US politics
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