As the Republican-controlled Congress ramps up investigations into education, emerging technology, democratic fundraising, foreign influence and regulatory enforcement, new risks have arisen for industry members. Our team of oversight policy professionals dive into what this means for agencies, contractors and other stakeholders, and how things could change approaching the 2026 midterms.
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As the Republican-controlled Congress ramps up investigations into education, emerging technology, democratic fundraising, foreign influence and regulatory enforcement, new risks have arisen for industry members. Our team of oversight policy professionals dive into what this means for agencies, contractors and other stakeholders, and how things could change approaching the 2026 midterms.
The Menu Gets SALTier: State and Local Taxes in TCJA Negotiations
Brownstein Podcast Series
20 minutes 8 seconds
8 months ago
The Menu Gets SALTier: State and Local Taxes in TCJA Negotiations
Tax law allows those who itemize their returns to deduct certain state and local taxes, this is known as the SALT deduction. The provision was capped for individuals regardless of marital status at $10,000 by the Tax Cuts and Jobs Act as a revenue raiser, upsetting those in high-tax states like New York, New Jersey and California. With current razor thin margins in Congress and members of both parties representing these areas, our tax team dives into how the House and Senate may negotiate the caps and how they could be extended to corporations in 2025 tax legislation.
Brownstein Podcast Series
As the Republican-controlled Congress ramps up investigations into education, emerging technology, democratic fundraising, foreign influence and regulatory enforcement, new risks have arisen for industry members. Our team of oversight policy professionals dive into what this means for agencies, contractors and other stakeholders, and how things could change approaching the 2026 midterms.
