SALT, Trump

Do you itemize? Trump's Congress could raise the cap on the SALT tax deduction in 2025
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...
The $10,000 SALT Cap Is Likely Dead. What Will the New Cap Be?
WASHINGTON—The $10,000 cap on state and local tax deductions likely won’t survive after this year, because the lawmakers who ...
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Schumer, Gillibrand Introduce Bill To Restore Full SALT Tax Deduction
Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction.
Trump’s back in office — here’s what to expect for your taxes in 2025 and beyond
During his first stint in office, Trump massively overhauled the tax code by passing the Tax Cuts and Jobs Act (TCJA) of 2017 ...
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J.D. FOSTER: It’s Time To Stop Doling Out Taxpayer Cash To High-Tax States
The tax provision generating the most puns involves the capped deduction for state and local taxes, or SALT. This is ...
Will Republicans Unify To Renew Trump’s Tax Cuts, Which Are Crucial to America’s Economic Strength?
While the GOP controls the White House, House, and Senate, the path ahead is fraught with political and fiscal obstacles.
SALT in Tax Reform’s Wounds
Raising the $10,000 cap on the state and local deduction is bad tax policy and could be bad politics too.
Republicans, Slow Down on Tax Cuts Before They Trip You Up
Congress is finding votes before deciding what should be in a tax bill. That could backfire, Tax Foundation CEO Daniel Bunn ...
GOP moderates see Trump as strong ally on their tax deduction push
That's one of the big takeaways from POLITICO Playbook’s First 100 Days: Tax Reform event, where a trio of lawmakers who ...