News

Trump’s Tax Bill Has Nasty Surprise in SALT Fine Print for Some Rich Americans
House Republicans’ “big, beautiful bill” could bring hundreds of billions of dollars in tax cuts to wealthy business owners.
Tax Cuts, Social Security, and SALT: What the House’s ‘Big Beautiful Bill’ Means for Your Wallet
Highlights of the bill include a bigger SALT deduction, cuts to Medicaid, and tax breaks on tipped wages. Here’s how it may ...
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
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 ...
JD Supra1d
The House Passes a Tax Bill Containing a SALT Cap Compromise That Is Slightly Better Than Its Prior Proposal
As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...
Republicans are debating SALT tax breaks that are bad policy, good voter bribes | Opinion
The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...
SALT changes in House tax bill increase deficit by $130 billion
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.
Congress Pulls Tax Cut All-Nighter With SALT Fight Unresolved
House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a ...
The White House's tax bill will consider SALT (again). What could that mean for you?
The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?
How SALT is shaking up the tax fight
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  SALT ...