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Soy Nómada on MSNSALT caucus triumphs in 'One Big Beautiful Bill Act' negotiationsIn a pivotal move, the 'SALT caucus' secured a major victory in the House, influencing the 'One Big Beautiful Bill Act' by ...
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is how generous to make the deduction for state and local taxes.
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Explícame on MSNWhat is the 'SALT Caucus' and why did it claim victory with the SALT deduction increase?In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...
As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap be lifted as part of reconciliation.
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
Lawler — a vocal member of the SALT Caucus who said he will not vote for a $30,000 deduction cap as proposed in a GOP bill — said he was not aware of any planned negotiations on Tuesday, even ...
rejected a proposal last week to increase the SALT cap to $30,000 as they and other blue-state Republicans demand a higher figure in negotiations over the bill stacked with Trump's legislative ...
Currently, the SALT cap allows a maximum of $10,000 to be deducted from federal taxes. At the moment, Republicans in the House have proposed a $30,000 cap for those with incomes less than $400,000.
The fight has pitted the GOP's top tax writer against a determined bloc of House Republicans from high-tax states. It has ...
A faction of New York's Republican congressional delegation has threatened to reject any tax package that does not give a meaningful raise to the SALT cap.
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