News

Republicans weigh a $40K cap on SALT deduction, which would help NJ homeowners
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
Conservative rips blue state Republican's proposal to raise taxes on wealthy in SALT debate
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
Johnson, SALT Republicans zero in on critical agreement
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
GOP House passes Trump’s sprawling budget bill, hikes SALT cap to $40K
The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...
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 ...
The Hill1d
Here’s what’s in the GOP’s ‘big, beautiful bill’
The deal House GOP leadership struck with SALT Caucus Republicans was crucial ... when the Senate begins working on the bill. New tax proposals also make the cut in the legislation, ...
What’s the deal with SALT? The tax break at the center of a high-stakes GOP battle that’s delaying major legislation
Some Republicans and Democrats are fighting over how much state and local tax (SALT) people can deduct. It has now put a ...