Law360 (April 9, 2021, 6:04 p.m. EDT) – The Biden government has proposed an extensive infrastructure program, as well as a number of tax law changes, to fund it.[1] It does not include a lifting of the so-called SALT cap, the restriction on the deduction of state and local taxes contained in the Tax Reduction and Jobs Act of 2017.[2] Several members of Congress have already announced that they will block the infrastructure plan if the SALT cap is not lifted.[3]
The lifting of the SALT cap is controversial as it can cost more than $ 600 billion and appears to benefit the richest taxpayers.[4] This article describes one way to partially override …
Stay ahead of the curve
In the legal profession, information is the key to success. You need to know what is happening to customers, competitors, areas of activity, and industries. Law360 has the information you need to stay an expert and beat the competition.
- Access to case data in articles (numbers, filings, courts, type of lawsuit, etc.)
- Access to attached documents such as Briefs, petitions, complaints, decisions, motions, etc.
- Create custom notifications for specific article and case topics, and more!
TRY LAW360 FREE FOR SEVEN DAYS