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Search resuls for: "The New Jersey House"


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The SALT deduction allows tax payers to deduct up to $10,000 of property, sales or income taxes that have already been paid to state and local governments. Historically, most of the tax payers who claim the deduction reside in high tax states such as New York, Connecticut, New Jersey and California. There was no cap on SALT prior to the Trump tax bill. Some of those recent conversations have featured Trump's new stance on bringing back the full SALT deduction, despite his bill being the cause for the $10,000 cap. Rep. Young Kim, R-Calif., told CNBC in a statement that the SALT cap is "hurting" her constituents and said Trump's most recent take on SALT shows he's listened to "Americans across the country hurting from the SALT cap."
Persons: Josh Gottheimer, Donald Trump's, Trump, Andrew Garbarino, Garbarino, Anthony D'Esposito, Nick LaLota, Jason Smith, Smith, Young Kim, he's, Kim, they'll Organizations: United States Capitol, Republicans, Senate, Capitol, New York Republicans, CNBC, Democrats, The New, The New Jersey House, Democratic Locations: Washington ,, New York , Connecticut , New Jersey, California, The, The New Jersey
The coordinated raids were the first public sign of a broad corruption investigation into the mayor’s 2021 campaign. and federal prosecutors in Manhattan are examining whether the Turkish government conspired with Mr. Adams’s campaign to funnel foreign donations into campaign coffers and whether Mr. Adams pressured Fire Department officials to sign off on a new high-rise Turkish consulate despite safety concerns. Both Ms. Abbasova and Mr. Öcal have ties to Turkey. She was Mr. Adams’s longtime liaison to the Turkish community when he served as Brooklyn borough president; he was the general manager of the New York office of Turkish Airlines until early last year. Ms. Abbasova, Mr. Öcal, Ms. Suggs and Mr. Adams have not been accused of wrongdoing.
Persons: Eric Adams’s, Brianna Suggs, Rana Abbasova, Cenk, Adams, Abbasova, Öcal, Adams’s, Suggs Organizations: Turkish Airlines, Fire Department, New Locations: Turkey, New Jersey, Manhattan, Turkish, Brooklyn, New York
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