News

Trump, GOP tweak SALT cap. Here’s what to know about the controversial tax break.
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
These High Tax States Could Benefit the Most From Higher SALT Deduction
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
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 ...
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 ...
Johnson, SALT Republicans zero in on critical agreement
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
Republicans weigh a $40K cap on SALT deduction, which would help NJ homeowners
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
Republican Tax Plan Boosts SALT Deduction, Ends Green-Energy Breaks
The proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts.
Wall Street Journal1mon
A Republican Tax Proposal Could Harm American Businesses
Journal Editorial Report: GOP lawmakers eye changes as part ... and other business, state and local tax deduction, or C-SALT. As one of the few members of Congress trained as a certified public ...
Crain's New York Business4d
Trump loses patience with SALT demands as tax bill faces snag
Trump is also losing patience with a faction of conservative hardliners pushing for deeper cuts to Medicaid health coverage ...