SALT Deduction Changes

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Trump, SALT and One Big Beautiful Bill

Senate seeks to rein in SALT deduction. Here’s why it could sink Trump’s tax bill.

Just as President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to tinker with the legislation’s architecture. Some are now warning that their changes could cause the edifice to collapse.

Soy Nómada on MSN · 9h

SALT deduction changes in Trump bill target doctors, lawyers and advisors

The 'One Big Beautiful Bill Act' is a comprehensive tax package recently passed by the Republican-controlled House of Representatives. Its primary goal is to make the 2017 Trump tax cuts permanent, while also introducing new tax breaks for tips,

CNBC on MSN · 2d

Trump's tax bill could end popular 'SALT' deduction workaround for certain business owners

The House-approved tax bill could end the popular 'SALT' deduction workaround for certain pass-through businesses. Here's what to know.

House, Senate and SALT

Bloomberg on MSN · 2d

House SALT Deal Will Have to Change, Senate Leader Thune Says

Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and local taxes to $40,000 will have to be changed in his chamber, according to his office.

The Hill on MSN · 1d

House Republicans warn Senate not to touch SALT deal

Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if the Senate changes their proposal for the

Washington Examiner on MSN · 1d

Senate weighs unraveling House’s ‘big, beautiful’ deal on the SALT deduction

One of the most controversial tax provisions in President Donald Trump’s “big, beautiful bill” could soon be retooled in the Senate, threatening to upend a deal reached to appease a bloc of blue-state Republicans.

The fight over a SALT tax cap deal that would help Californians hits a snag

The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.

NerdWallet on MSN6d

Tax Deductions Might Go Up. Would You Benefit?

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...

3don MSN

‘Donors’ vs ‘takers’: SALT battle stirs debate between blue and red states

President Trump’s domestic agenda bill is spurring a debate over whether blue states are subsidizing red states. After a successful pressure campaign from blue-state Republicans, the House version ...

MiBolsilloColombia on MSN5dOpinion

The new SALT deduction: Relief for rich in blue states, pressure for the rest

The recent expansion of the SALT deduction highlights how fiscal policies can cater to specific interests, creating uneven ...

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