News

SALT caucus likely to keep gains despite leaving sour taste in Freedom Caucus mouths
The current $40,000 SALT cap that was brokered appears likely to stay as any changes would undoubtedly cost votes from the ...
The Bond Buyer5h
House SALT caucus takes a look at Senate changes
As the Senate-approved version of the reconciliation bill bounces back to the House, the SALT caucus that was key to its ...
SALT, the Estate Tax, and More: How the Megabill Bill Could Affect You
The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
President Donald Trump's 'big, beautiful bill' would save Americans from enduring 22% tax hike, GOP says
Senate Republicans coalesced to pass President Donald Trump's colossal "big, beautiful bill" early Tuesday morning, which ...
USA Today2d
Senate flips, decides to give rich Americans more SALT in tax bill - USA TODAY
Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.
Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...
Institute on Taxation and Economic Policy8hOpinion
The SALT Caucus, Fortunately, Comes Up Short
The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...
Senate GOP passes Trump's sweeping policy bill, setting up decisive vote in the House
The Republican megabill cuts trillions in taxes, while scaling back spending on Medicaid and other federal programs. It now ...