SALT Talks Gain Steam With Trump’s Blessing on Tax Break
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President ...
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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.
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 ...
Trump now backs repeal of cap on ‘SALT’ deductions, says New York Republican. Taxpayers in these states could benefit.
A New York Republican says that President Trump supports reverting to an unlimited deduction for state and local taxes, ...
The $10,000 SALT Cap Is Likely Dead. What Will the New Cap Be?
Blue-state Republicans have the numbers to shape policy in the House, and they are hunting for a tax deal.
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 Talks Gain Steam as Trump Blesses Expanding Tax Break
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President Donald Trump and congressional leaders to include the measure in a must-pass ...
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.
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...