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Citigroup warns New York and California homeowners could see tax bills go up about $3,000

Citigroup warns New York and California homeowners could see tax bills go up about $3,000

The reason comes down to a change in the GOP tax law having do to with the so-called SALT provision. The new approach caps at $10,000 a combination of state and local and taxes including property taxes that filers can deduct from their federal returns.

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