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Texans win temporary sales tax deduction for federal filings
President Bush signed a bill allowing Texans and six other states to deduct state sales taxes on federal returns for two years. The move lets itemizers deduct all sales taxes, including for cars and home appliances. Estimates vary by income, with higher earners likely to benefit more, while many Texans still take the standard deduction.
MENTIONED IN THIS ARTICLE
Houston
Bush
House
Tom DeLay
R-Sugar Land
Texas
Tennessee
Florida
Nevada
South Dakota
Washington
Wyoming
Kay Bailey Hutchison
U.S
Kevin Brady
DeLay
Uncle Sam
Brady
the Woodlands
Texas State Comptroller’s Office
Center On Budget and Policy Priorities
Center For Public Policy Priorities
Austin Group
Dick Lavine
The
Center
Lavine