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Next test for higher SALT cap: Republican resistance in the Senate
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
NY Republicans eke out SALT deal in federal spending bill
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
Lawmakers Near SALT Cap Deal That Could Offer Major Relief to Homeowners in High-Tax States
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
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Republican push to revise SALT deduction
The Republican proposal to increase the SALT deduction cap to $40,000 has reignited debates over federal tax policy. This ...
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SALT Deduction: What it was like before 2017 and now with Trump's proposal
The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...
Manufacturers could benefit from Trump's 'big, beautiful' bill depending on what they make
Advocates for the manufacturing sector have hailed the advancement of Trump's "big, beautiful bill," but at least two provisions in the 1,000-plus-page package could cut that ebullience for some ...