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The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...
Republicans brokered a deal for the tax bill after division on raising the SALT deduction cap from $10,000. Democrats call ...
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
A plan to increase state and local tax deductions was immediately rejected by a small but determined GOP “SALT caucus,” ...
Several of the Republicans vying for higher SALT deduction caps have pointed ... Wish me luck," he said on X. But while tax hike proposals targeting wealthy Americans were part of Republicans ...
The exact details of the new SALT proposal aren't yet available ... Who will lose out? The broader Republican tax plan's benefits skew toward the rich, according to analyses from the Congressional ...