News

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 ...
The SALT cap isn’t the problem — high-tax states are
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
What is SALT and why does it threaten Trump's 'Big Beautiful Bill?'
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
Mike Lawler at odds with Trump as president seems to yank support for lifting SALT cap
New York Republicans find themselves in the middle of the fight over the deductibility of state and local taxes in the ...
Senate GOP weighs SALT changes despite ‘big, beautiful bill’ deal
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
Fox News5d
Democrats are scheming to spread the tax misery of blue states nationwide
If you live in Florida or another low-tax state, brace yourself. A bipartisan group of lawmakers from blue states is gearing up to punish you for your state’s fiscal restraint. They want to ...
USA Today5d
The White House's tax bill will consider SALT (again). What could that mean for you?
The state and local tax deduction – often abbreviated as SALT – was a political flashpoint ... blue-collar tradespeople − in high-tax states like New York,” wrote New York congressman ...
GOP Tax Debate Gets Testy as Conservatives Fume Over SALT
Republicans from high-tax blue states want a higher cap for the state-and-local tax deduction.
What the ‘big, beautiful bill’ means for economic growth
The White House says the House GOP's tax cuts will usher in an economic boom. Top economists say the upside is negligible.