News

Republicans have reached a tentative deal to raise the limit on the state and local tax deduction to $40,000 a year for a ...
The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate ...
The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.
Which is why the true aim should be a SALT credit. Anything to localize spending and taxing as much as possible. There’s your ...
Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...
Senate Republicans unveiled a new version of their $4.2 trillion tax cut package, moving closer to a vote as they near a July ...
The state and local tax deduction, which primarily benefits wealthier Americans in high-tax areas, is one of the most disputed provisions of Trump’s tax bill.
It’s crunch time for negotiations over the state and local tax (SALT) deduction cap. After a high-stakes meeting with ...
Senate and Congressional versions of the “big, beautiful bill” that extends the 2017 Tax Cuts & Jobs Act (TCJA) diverge sharply on key provisions. The $10,000 SALT cap — limiting state and local tax ...
Lawmakers are hoping to push the president’s massive tax and immigration agenda through a high-wire procedural vote.
Speaker Mike Johnson (R-La.) and Treasury Department Secretary Scott Bessent said negotiations over the state and local tax ...