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Trump, GOP tweak SALT cap. Here’s what to know about the controversial tax break.
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
Republicans reach deal on SALT deduction cap: See how much it will rise
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
Who benefits most from the state and local tax deduction and why raising the cap is contentious
Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do ...
Lawmakers Close In on Higher SALT Cap
The emerging agreement would set the cap on the state and local tax deduction, or SALT, at $40,000. That is up from $10,000 ...
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 ...
These High Tax States Could Benefit the Most From Higher SALT Deduction
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
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 ...
Tax bill: SALT deduction cap raised to $40K in GOP proposal
US House Speaker Mike Johnson (R-La.) is raising the proposed SALT (State and Local Tax) deduction cap to $40,000 in hopes of winning over moderates as lawmakers continue to deliberate over President ...
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 ...
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) ...
Committee for a Responsible Federal Budget19h
Further SALT Cap Relief Only Benefits High Earners
Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...
5 things to know about SALT, the tax break holding up Trump’s ‘big, beautiful bill’
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...